Serco announced today that it has been awarded three contracts with the United Kingdom Department for Work and Pensions, with the cumulative worth totaling between 400-500 million pounds ($813 million). Serco is to earn its keep by being a prime contractor delivering a program assisting jobseekers in returning to work and remaining employed....
Serco Group plc said adjusted operating profit for the six months ending in June rose 43 percent to almost $179 million, compared to an expected $165 million, according to company data. Serco expects double-digit revenue growth in coming years as government at home and abroad continues to outsource work to save c...
SERCO has won a new contract from the Transport for London (TfL) to design build and operate the London Cycle Hire scheme (LCHS). The six-year contract is valued at approximately $230 million. The LCHS is designed to generate an additional 40, 000 daily bicycle journeys in Central London. Serco, with teaming partner BIXI, wi...
The office of U.S. Citizenship and Immigration Services (USCIS, ) under the Department of Homeland Security (DHS, ) has awarded a contract worth $190 million to Serco Inc. The company will provide record processing services for legal proceedings pertaining to immigration benefits. The contract is initially for one year and allows for renewal in the...
Serco Group PLC has signed a new contract valued at around A$370 million, or US$300 million, with the Australian Government Department of Immigration and Citizenship to transform its immigration detention centers across the country. The 5-year contract has a total of four years in optional extensions, and Serco will begin to take over from the...
At last nights 2009 Corporate Growth Awards, ACG National Capital, the local chapter of the Association for Corporate Growth honored 7 winners of various categories including Deal Maker, Corporate Executive, which was bestowed on Serco Chairman and Chief Executive Officer, Edward Casey, Jr. Â A highlight of 2008 for Casey and Serco was th...
