(edit:ninja'd; definitely try what Chris said first, but if that doesn't work try the below)
Welcome to the game and to the forums
Sorry about the troubles you're encountering.
I've never seen that particular error message and all I can find via google is people reporting this on other games and either getting no response or a developer saying that they've never heard of it before and can't find much on google
It does appear to come from the garbage collector code.
That said, in one case it was a steam version and the developer suggested trying a non-steam install and it worked, so you can give this a try:
1) Go to your steam AIW directory (probably C:\Program Files (x86)\Steam\steamapps\common\AI War Fleet Command\ ) and run AIWar.exe directly, not through steam.
2) If that doesn't work, first make sure steam is not running at all, then retry. Just for diagnosis, really, not expecting that this would be a real solution.
3) If #1 didn't work, download and install the base game from here:
http://www.arcengames.com/w/index.php/aiwar-downloads4) Run that non-steam copy, making sure it's not the steam one (steam being on or off should not matter for this.
5) If #4 works, copy the C:\Program Files (x86)\Steam\steamapps\common\AI War Fleet Command\RuntimeData\Expansions\ folder from your steam install to your non-steam install
6) Run the non-steam copy again. If it works you're all set as far as the game itself. You would not get steam integration in terms of the overlay, achievements, etc, though, but I'm not sure how much we can do to make that part work. Anyway, first step is getting a game that works
Let me know how it goes.
Thanks,
Keith