Private First Class Craig was a member of Headquarters Company, 1st Battalion, 32nd Infantry Regiment, 7th Infantry Division. On 2 December 1950, he was severely wounded while fighting the enemy at "Heartbreak Ridge", North Korea. As he was being evacuated, his ambulance received a direct mortar hit. He was listed as Missing in Action and was presumed dead on 31 December 1953. His name is inscribed on the Courts of the Missing at the Honolulu Memorial.

Craig was awarded the Purple Heart, the Combat Infantryman's Badge, the Korean Service Medal, the United Nations Service Medal, the National Defense Service Medal, the Korean Presidential Unit Citation and the Republic of Korea War Service Medal.