Serco Awarded $88 Million Logistics Support Contract with U.S. Navy

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Serco Inc. announced today that the Company has received a new single award indefinite-delivery/indefinite-quantity (ID/IQ) contract with the U.S.

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We provide our Navy customers with high-quality, cost effective, management solutions that optimize the availability of required hazardous materials, reduce the HAZMAT waste stream, and support their initiatives to achieve warfighter mission readiness.

Serco Inc., a provider of professional, technology, and management services to the federal government, announced today that the Company has received a new single award indefinite-delivery/indefinite-quantity (ID/IQ) contract with the U.S. Navy’s Fleet and Industrial Supply Center Norfolk (FISCN). The Company will perform hazardous material (HAZMAT) management services and provide consolidated HAZMAT reutilization and inventory management program support to the FISCN Hazardous Material Program Office. The contract has a one-year base period with four one-year option periods and is valued at approximately $88 million, if all option years are exercised.    

Serco will provide logistical support for the acquisition and management of HAZMAT products and chemicals for the U.S. Navy Commander, Navy Region Mid-Atlantic (CNRMA). The Company will also provide Third Party Logistics (3PL) support for cost effective procurement and sales of HAZMAT to CNRMA customers. Serco’s work on this contract will utilize an integrated HAZMAT supply chain to minimize and stabilize HAZMAT costs while ensuring maximum availability.

Serco will support six geographically dispersed installations throughout CNRMA. Over the past year, Serco has been awarded two additional Navy HAZMAT contracts to support the Commander, Fleet and Industrial Supply Centers, and the Fleet and Industrial Supply Center San Diego. This win expands the Company’s HAZMAT services across the country to the east coast. Serco has been providing HAZMAT management services to the Navy since 2002.

“We are excited to expand our work in this area for the U.S. Navy,” said Ed Casey, Serco’s Chairman and CEO. “We provide our Navy customers with high-quality, cost effective, management solutions that optimize the availability of required hazardous materials, reduce the HAZMAT waste stream, and support their initiatives to achieve warfighter mission readiness.”

About Serco Inc.: Serco Inc. is a leading provider of professional, technology, and management services focused on the federal government. We advise, design, integrate, and deliver solutions that transform how clients achieve their missions. Our customer-first approach, robust portfolio of services, and global experience enable us to respond with solutions that achieve outcomes with value. Headquartered in Reston, Virginia, Serco Inc. has approximately 11,000 employees, annual revenue of $1.4 billion, and is ranked in the Top 30 of the largest Federal Prime Contractors by Washington Technology. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $6 billion international business that helps transform government and public services around the world. More information about Serco Inc. can be found at http://www.serco-na.com.

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