ANCHORAGE, Alaska – A joint venture partnership involving a subsidiary of Atco Ltd. (TSX:ACO.X) has been awarded a 10-year contract valued at more than US$340 million by the U.S. air force.
Under the contract, ARCTEC Alaska, a partnership between Atco Structures and Logistics and ASRC Federal Primus, will provide operations and maintenance services to 15 strategic radar sites that form the Alaska Radar System
The contract, which begins in October 2016, follows what Atco said has been a “successful 19-year relationship” in which the partners has provided the same services to the radar sites.
ARCTEC’s responsibilities include looking after seven gravel airstrips, gravel access roads, utilities, water systems, power generation, environmental management, snow removal, transportation, weather observation and other logistics support.
Atco provides similar maintenance services to the Defence Department in Eastern Canada, as well as airfield services to the NATO Flying Training Centre near Moose Jaw, Sask.
In Canada’s High Arctic, Atco maintains assets in the community of Resolute Bay and at the Eureka research base in Nunavut and, through its joint-venture company Nasittuq, provides site services to the Canadian Forces Station Alert, the most northerly inhabited settlement in the world.
