Stock Market News
Serco awarded MoD contract
27-01-2012 07:01
| Add To Google +1 | Tweet |
Public sector services group Serco has signed a contract with the UK Ministry of Defence (MoD) to provide training and support to the British Army prior to deployment on operations around the world.
Serco will provide pre-deployment training including language, culture and operational environment skills, and will create realistic training conditions to prepare UK military forces for deployed operations primarily in Afghanistan, but also worldwide.
The contract, which includes an option year, will begin in April 2012 and has a total value to Serco of £55m through to December 2014.
"We are delighted to have been selected for the provision of such an important service to the British Army," said Chief Executive Christopher Hyman.
"This contract builds on our proven track record in helping the Armed Forces in the UK, US and Australia, and recognises our high quality, efficient and innovative approach in training services," he said.
BC
Serco will provide pre-deployment training including language, culture and operational environment skills, and will create realistic training conditions to prepare UK military forces for deployed operations primarily in Afghanistan, but also worldwide.
The contract, which includes an option year, will begin in April 2012 and has a total value to Serco of £55m through to December 2014.
"We are delighted to have been selected for the provision of such an important service to the British Army," said Chief Executive Christopher Hyman.
"This contract builds on our proven track record in helping the Armed Forces in the UK, US and Australia, and recognises our high quality, efficient and innovative approach in training services," he said.
BC
| Related share prices |
|---|
| Serco Group (SRP) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

