REG - Serco Group PLC - Serco wins $320m Pituffik Space Base contract

SercoAnnouncement

22/08/2024 07:01

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RNS Number : 3189B  Serco Group PLC  22 August 2024

 

Serco wins $320m contract to modernise Pituffik Space Base

22 August 2024

 

 

Serco has been awarded a new contract by US Army Corps of Engineers (USACE) to
manage the modernisation of the back-up electrical plant at the US Space
Force's Pituffik Space Base, in Greenland.  The contract started in August
2024 and has an estimated value of around $320m (£250 million) over its
four-year term.

 

Pituffik Space Base, which was formerly known as Thule Air Base, supports
missile warning, missile defence, and space surveillance missions.  Serco
will oversee renovation of the alternate power plant enhancing the capacity
and stability of the electrical network.

 

Mark Irwin, Group Chief Executive of Serco, said:

"This contract award builds on Serco's strong capabilities in systems design
and installation, as well as our exemplary past performance on defence
construction projects.  We are delighted to have the opportunity to support
this large, mission-critical upgrade project for the US Space Force and Army
Corps of Engineers.  We recognise the impact of our work in ensuring mission
critical readiness is maintained for this pivotal location.

 

"Serco is a proud supplier of defence expertise and services to multiple
governments internationally.  Our defence capabilities are broad, and we are
committed to using our skills and experience to support our customers and
impact a better future."

 

Ends.

 

 

For further information, please contact:

 

Paul Checketts, Head of Investor Relations | +44 (0) 7718 195 074 |
paul.checketts@serco.com

Scot Marchbank, Group Communications and Marketing Director | +44 (0) 7958 675
706 | scot.marchbank@serco.com

 

 

About Serco

Serco brings together the right people, the right technology and the right
partners to create innovative solutions that make a positive impact and
address some of the most urgent and complex challenges facing the modern
world.

 

With a primary focus on serving governments globally, Serco's services are
powered by more than 50,000 people working across defence, space, migration,
justice, healthcare, mobility and customer services.

 

Serco's core capabilities include service design and advisory, resourcing,
complex programme management, systems integration, case management,
engineering, and asset & facilities management.

 

Underpinned by Serco's unique operating model, Serco drives innovation and
supports customers from service discovery through to delivery.

 

More information can be found at www.serco.com (http://www.serco.com)

 

LEI: 549300PT2CIHYN5GWJ21

 

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