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ASRC Federal Acquires Mission Solutions Engineering

ASRC Federal Holding Company, a subsidiary of Alaska-based Arctic Slope Regional Corporation, has acquired Mission Solutions Engineering. MSE is a full-service systems and software engineering provider with expertise in engineering complex and large-scale systems and incorporating open source technology. Headquartered in Crystal City, Va., with operations in Moorestown, N.J., MSE has over 500 employees supporting defense customers such as the Missile Defense Agency and U.S. Navy.

MSE will function as a subsidiary of ASRC Federal, and will gain the support of ASRC Federal's shared services operations to help continue to meet the needs of current customers and help posture for continued growth. MSE President Tim Caswell will continue to guide the company's strategic direction and Chief Operating Officer Mike Knowles will continue managing daily operations in Moorestown.

"MSE brings a reputation for excellence and employees who have a passion for delivering solutions to customers to help them meet mission requirements" said Carl Werner, ASRC Federal President and CEO. "MSE is an excellent fit in terms of company culture, leadership and high ethical standards. The acquisition of MSE continues to help diversify the capabilities and market presence within our family of companies."

Financial details were not disclosed.

About ASRC
Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope IƱupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation's shareholder base has nearly tripled, growing from the 3,700 original enrollees to around 11,000 today. The headquarters is in Barrow, Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 10,000 people worldwide.

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