Published by Global Banking & Finance Review®
Posted on February 6, 2025
1 min readLast updated: January 26, 2026
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Serco Group wins a $1.24 billion contract from the UK Ministry of Defence to manage recruitment for the Royal Navy, Army, and Air Force over seven years.
(Reuters) - Serco Group said on Thursday it has been selected by the UK Ministry of Defence for a 1 billion pound ($1.24 billion) contract to provide recruitment services for the Royal Navy, the British Army, the Royal Air Force and Strategic Command.
The initial term of the contract is for seven years, outsourcer Serco said, adding that the contract can be worth up to 1.5 billion pounds should the Ministry of Defence elect to exercise three one-year extension options.
($1 = 0.8054 pounds)
(Reporting by Prerna Bedi in Bengaluru; Editing by Shounak Dasgupta)
The article discusses Serco Group securing a $1.24 billion contract with the UK Ministry of Defence for recruitment services.
Serco will provide recruitment services for the Royal Navy, British Army, Royal Air Force, and Strategic Command.
The initial contract term is seven years, with options for three additional one-year extensions.
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