Yes if you exit you just get teleported back to base alive. its in the stock version and if your still using stock go to the mods section of the forums and pick out some mods to use.
By the Way Welcome abord Boofhead!
Sink them all with the best of luck!
amd please stay out of Der Kanal its the worest place to be and you wil have a 99.999997 chance of being dead.