Serco Inc. Secures Potential $1.2B Base Support Services Contract From Canada; Tom Wheeler Quoted
A Serco Group subsidiary has been awarded a potential 20-year, $1.2 billion contract by the Canadian department of national defense to provide critical site support services at the 5 Wing Canadian Forces Base. The contract has a base value of $556 million over a 10-year period and includes two five-year extensions that would raise the contract amount to $1.2 billion if exercised, Serco Inc. said Wednesday.Â