Serco to buy US Navy contractor NSBU in $225m deal

23rd May 2019 07:29

(Sharecast News) - Serco Group has entered into a definitive asset purchase agreement to acquire the Naval Systems Business Unit and a small number of related contracting entities (NSBU) from Alion Science & Technology Corporation for $225m, it announced on Thursday.

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Serco awarded $82m task order with US Air Force

2nd Apr 2019 08:02

(Sharecast News) - Serco Group has been awarded a new task order by the US Air Force to manage, configure, deploy, sustain, and enhance 'NexGen IT' solutions for US Air Force Civil Engineering.

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Serco to continue operating Dubai Metro until late 2021

1st Apr 2019 09:22

(Sharecast News) - Serco Group has signed a two-year contract extension with the Roads and Transport Authority (RTA) of Dubai, to continue operating and maintaining the Dubai Metro until September 2021, it announced on Monday.

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Interserve's support services arm attracts Mitie, Serco

18th Mar 2019 08:19

(Sharecast News) - Mitie and Serco are among interested suitors for a single part of Interserve, after their fellow oursourcer called in the administrators on Friday.

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Serco signs new seven-year contract in Australia

18th Mar 2019 07:18

(Sharecast News) - Serco has signed a seven-year, AUD115m contract with the South Australian Government to operate and manage a remand centre for its department for correctional services.

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Serco ups guidance amidst uncertainty surrounding Brexit

21st Feb 2019 08:17

(Sharecast News) - Outsourcing firm Serco upped its 2019 profit and revenue forecasts on Thursday following a recent series of contract wins despite the "fog of uncertainty" surrounding Brexit".

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Tuesday broker round-up

5th Feb 2019 12:22

(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.

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Serco wins £560m Australian army medical contract

4th Feb 2019 07:42

(Sharecast News) - Serco Group said it had signed a £560m six year contract to supply health services to the Australian Defence Force through its Bupa Health Services sub-contractor.

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Serco eyes Aussie deal after Bupa opens door

14th Jan 2019 08:33

(Sharecast News) - Outsourcing group Serco Group is crossing its fingers about picking up a sub-contracted deal with the Australia's armed forces.

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Thursday broker round-up

10th Jan 2019 13:28

(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.

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Shore Capital upgrades Serco on £1.9bn government contract

9th Jan 2019 15:51

(Sharecast News) - Serco Group's shares were upgraded from 'hold' to 'buy' by Shore Capital on Wednesday after the public services outsourcer secured a £1.9bn contract with the UK government.

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FTSE 250 movers: Ted Baker enjoys a merry Christmas, Just Group declines

9th Jan 2019 14:38

(Sharecast News) - London's FTSE 250 closed up 1.3% at 18,413.71 on Wednesday, with Ted Baker making strong gains after customers embraced festive deals.

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Serco and Mears score UK asylum accommodation contracts

8th Jan 2019 12:41

(Sharecast News) - The Home Office has awarded its asylum accommodation and support services contracts to Mears and Serco.

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Friday broker round-up

4th Jan 2019 12:45

(Sharecast News) - Next: Berenberg upgrades to hold with a target price of 4,100p.

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Wednesday broker round-up

19th Dec 2018 12:50

(Sharecast News) - Serco Group: Peel Hunt upgrades to hold with a target price of 100p.

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