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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.
Serco Group PLC has secured a significant $247 million contract with the US Army to enhance soldier readiness and performance through the Holistic Health and Fitness System. This contract, starting immediately, demonstrates Serco’s strong position in the defence sector, supporting 45 US Army brigades across 15 locations in the US. Following previous major US defence contracts, this win highlights Serco’s comprehensive support capabilities from recruitment to veteran assistance, reinforcing its strategic focus on the defence sector as its largest global market.
More about Serco Group plc
Serco is an international provider of critical government services, primarily focusing on serving governments worldwide. It operates across various sectors including defence, space, migration, justice, healthcare, mobility, and customer services. With over 50,000 employees, Serco excels in service design, advisory, resourcing, complex programme management, and more, underpinned by its unique operating model to drive innovation.
YTD Price Performance: -2.38%
Average Trading Volume: 3,924,009
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.52B
For an in-depth examination of SRP stock, go to TipRanks’ Stock Analysis page.
