Special Dynamics Corp. has just received an order to deliver equipment to French military forces conducting operations in a war-torn region as part of a U.N. peacekeeping mission. An immediate cash outlay of $1.9 million will be required to produce the equipment, and the French government will pay $2.5 million once the equipment as be delivered one year from now. However, given the uncertain political and military environment, there is a 15% chance that the equipment could be lost or captured before delivery is made, in which case the French government will not pay. Management at Special Dynamics Corp. considers this project to have the same risk as the firm. The firm's stock has a beta of 1.1, the risk-free rate is 1.5%, and the expected return on the market portfolio is 9%. The firm is financed with 40% debt and 60% equity, and pays taxes at a marginal rate of 35%. The firm's cost of debt is 5.6%. What is the NPV of this project?