BSNC Acquires Alaka`ina Family of Companies

Bering Straits Native Corporation (BSNC) announced today it has acquired the Alakaʻina Family of Companies, an industry leader recognized for delivering exceptional solutions on large-scale contracts for the federal government and customers worldwide. The acquired companies will operate under Bering-Alaka'ina Holdings, LLC, a newly established BSNC holding company, providing expanded and integrated capabilities in professional and administrative support, base operations, range and engineering services, medical and biomedical services, and information technology.

"This is a historic move for our Company," said President Cindy Massie. "BSNC has carefully evaluated the opportunities this acquisition offers, and the Alakaʻina companies strongly complement the work we do. Just as important, we share aligned values and a commitment to our customers, our employees, and our mission beyond business. Alakaʻina shares this people-centered approach, making the partnership a strong cultural and operational fit."

"This strategic acquisition strengthens BSNC's portfolio of companies, expands its geographic reach, and significantly enhances our ability to serve our customers," said CEO Dan Graham. "Alakaʻina leadership will continue leading their operations, ensuring a seamless integration, and we are pleased to welcome more than 1,500 employees into the BSNC family of companies."

"This partnership enhances our ability to provide comprehensive, high-quality services while staying true to the values that guide both organizations-performance, respect, and commitment to our customers and communities," said Alakaʻina Chief Executive Officer Craig Floro. "We are excited about what we can achieve together and the opportunities this union creates for our employees and the people we serve."

With the acquisition of Alakaʻina, BSNC has expanded its portfolio by nine businesses and grown to more than 4,000 employees worldwide, reflecting the Corporation's continued momentum and commitment to long-term, sustainable growth.