Serco Secures Major UK Armed Forces Recruitment Contract

The latest announcement is out from Serco Group plc ( (GB:SRP) ).

Serco Group plc has been awarded a significant contract by the UK Ministry of Defence to deliver a next-generation recruitment solution for the UK’s Armed Forces. This landmark contract, valued at up to £1.5bn, will consolidate recruitment for the Royal Navy, British Army, Royal Air Force, and Strategic Command, aiming to enhance candidate experience and streamline the recruitment process with a modern, integrated technology approach. The contract reflects Serco’s ongoing strategic partnership with the MOD, highlighting its commitment to recruiting well-trained personnel and addressing both current and future needs of the Armed Forces.

More about Serco Group plc

Serco is an international provider of critical government services, focusing primarily on serving governments globally. With over 50,000 employees, Serco operates in various sectors including defense, space, migration, justice, healthcare, mobility, and customer services. The company specializes in service design and advisory, resourcing, complex program management, systems integration, and asset & facilities management.

YTD Price Performance: 3.83%

Average Trading Volume: 3,507,497

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.59B

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