Private First Class Bailey was a member of Company E, 2nd Battalion, 7th Marines, 1st Marine Division. He was Killed in Action while fighting the enemy at "Outpost Vegas," South Korea on 28 March 1953 by enemy mortar fire.

Bailey was awarded the Purple Heart, the Combat Action Ribbon, 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.