Mr. Kurt Kadatz reports

U.S. AIR FORCE CONTRACTS ATCO AND ASRC FEDERAL TO OPERATE AND MAINTAIN THE ALASKA RADAR SYSTEM

Arctec Alaska, a joint venture between Atco Ltd.'s Atco Frontec and ASRC Federal, has been awarded a 10-year contract valued at roughly $596-million (U.S.) to provide operations and maintenance services for the Alaska radar system (ARS). The United States Air Force (USAF) contract commences in September, 2026.

• $596-million (U.S.) contract to Atco Frontec's Arctec Alaska partnership for operation and maintenance services at 15 United States' Air Force sites and facilities;
• New 10-year contract builds on decades of continuous USAF agreements for Arctec since 1994;
• Atco Frontec is also a prime contractor on WEXMAC 2.1 for the U.S. Navy's TITUS initiative and trusted partner to FEMA, the National Guard and others.

Under the agreement, Arctec will operate and maintain 15 long-range radar sites across Alaska, two radio sites and facilities at Joint Base Elmendorf-Richardson, the headquarters for the ARS. These responsibilities include comprehensive operational support, site services, facility maintenance and logistics.

"As a global support and facilities management company, we are uniquely positioned to support the U.S. Air Force in Alaska," said Jim Landon, president, Atco Frontec. "Our expertise in some of the most remote and challenging environments is why the USAF has trusted in our abilities for decades, enabling them to maintain continuous surveillance of our skies and safe navigation for civil flights across North America."

"The Alaska radar system is critical to maintaining our sovereign air space and we are proud to be entrusted with supporting the safety and security of our nation," said Jennifer Felix, president and chief executive officer of ASRC Federal. "This follow-on contract demonstrates our ability to consistently deliver critical mission services in complex environments."

Atco Frontec provides similar in-service support to defence and research organizations in remote regions worldwide. Its Nasittuq partnership operates and maintains the North Warning System, a chain of radar sites across Canada's Arctic that provides aerospace surveillance for NORAD. This experience underscores Atco's capability to manage complex infrastructure in remote, cold-weather regions, supporting both Canadian and United States defence missions. Atco Frontec USA also provided work force lodging services for 1,300 construction workers at Naval Air Weapons Station China Lake in Ridgecrest, California (2020 to 2025), and operated the 1,500-person Tuscan Ridge Lodge in support of the Paradise, Calif., wildfire clean-up (2018).

About Atco Ltd.

As a global enterprise, Atco and its subsidiary and affiliate companies have approximately 21,000 employees and assets of $28-billion. Atco is committed to future prosperity by working to meet the world's essential energy, housing, security and transportation challenges. Atco Structures designs, builds and delivers products to service the essential need for housing and shelter around the globe. Atco Frontec provides operational support services to government, defence and commercial clients. Atco Energy Systems delivers essential energy for an evolving world through its electricity and natural gas transmission and distribution, and international electricity operations. Atco EnPower creates sustainable energy solutions in the areas of electricity generation, energy storage, industrial water and cleaner fuels. Atco Australia develops, builds, owns, and operates energy and infrastructure assets. Atco Energy provides retail electricity and natural gas services, home maintenance services, and professional home advice that bring exceptional comfort, peace of mind, and freedom to homeowners and customers. Atco also has investments in ports and transportation logistics, the processing and marketing of ash, retail food services, and commercial real estate.

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