Serco has acquired JBI Property Services, a subsidiary of Mubadala Development Company, in a move to fill growing regional demand for facility management services, Reuters reported today. JBI employs more than 130 workers and specializes in integrated facility management services around Abu Dhabi. The company has performed services for various government agencies and educational facilities [...]
Serco Inc. has won a task order with a ceiling value of $13.5 million to help the U.S. Air Force acquire and support weapon systems for special operations forces, the company has announced. The company will provide engineering, acquisition, financial and logistics management to the special operations forces, Aeronautical Systems Center and personnel recovery division. The task [...]
Serco Inc. has been awarded a prime position on a potential $34 million indefinite-delivery/indefinite-quantity contract with the U.S. Navy Space and Naval Warfare Systems Command. The company will compete with eight other firms to provide engineering, testing and support services through the complete lifecycle of command, control, communications, computers and intelligence (C4I) programs. Serco said [...]
Serco has been awarded a $10 million indefinite-delivery/quantity-delivery contract from the U.S. Army for human resources studies and analysis. The firm will support the Army’s civilian workforce transformation campaign plan. The contract has a one-year base period with two one-year options. Serco will assist the Army with analytic, management and advisory services in support of [...]
Serco has completed its acquisition of Australian business process outsourcing company Excelior. Serco will pay approximately $8.4 million to complete the transaction, which includes a further earn-out payment of approximately $5.1 million if revenue targets are reached. Excelior will be merged into and operated as part of Serco’s operations in Australia. “We are a company committed [...]
Serco has announced today it has won a task order from the U.S. Army to provide professional management services. The contract, worth a total ceiling value of $9 million, requires the firm to also provide financial management service to soldiers at U.S. Army Defense Military Pay Offices nationwide. Serco’s work also includes a full cycle [...]
Reuters reported Sunday Serco put in a bid to buy SRA. SRA is believed to have rejected the $2 billion offer, but rumors swirling in the U.K. whisper Serco may be upping the ante. However, in a statement released yesterday, Serco maintains it “is not in any discussions regarding any major transaction at this time.” [...]
