ASRC Aerospace Corporation Selected for the KSC Small Disadvantaged Contractor of the Year by NASA’s Kennedy Space Center

Greenbelt, Maryland, October 20, 2004 - ASRC Aerospace Corporation was notified by NASA’s Kennedy Space Center (KSC) of its selection as the KSC Small Disadvantaged Business Contractor of the Year. ASRC Aerospace was nominated for providing outstanding research, science, engineering, and technical support to KSC through the University-affiliated Spaceport Technology Development Contract (USTDC). The award stems from the company's significant participation in the Space Shuttle Columbia accident investigation and its current responsibilities in the Space Shuttle return to flight.

ASRC Aerospace is leading the development of advanced spaceport and range technology at NASA’s Kennedy Space Center (KSC) under USTDC. The five-year KSC contract has an estimated initial value of $220 million plus five one-year options that could raise the potential value of the full contract to $600 million.

“ASRC Aerospace is honored to have been nominated and selected for this award. We are proud of our people at KSC and the role they play in providing research and development and engineering support focused on the critical KSC mission.” said Richard Ambrose, ASRC Aerospace President and Chief Executive Officer.

Jim Madewell, Executive Vice President and Chief Operation Officer for ASRC Aerospace stated, “This is truly a unique honor for a young company such as ASRC Aerospace and reflects our dedication to the NASA KSC’s mission. The real credit goes to our USTDC personnel, particularly our task leaders and supporting teams working on each of the important projects assigned to us by NASA KSC.”

ASRC Aerospace, a subsidiary of the ASRC Federal Holding Company, is a highly diversified enterprise formed in November 1997 and certified as an Alaskan Native Corporation (ANC) 8(a) with the Small Business Administration (SBA). ASRC Aerospace is a for-profit corporation and is dedicated to providing comprehensive professional, technical, and engineering services. The Arctic Slope Regional Corporation, ASRC Federal’s parent corporation, is owned by more than 9,500 Inupiat Eskimos primarily located along Alaska’s North Slope.

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