Serco Agrees to Buy Northrop Grumman MT&S Business
Serco has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business. Serco sees the acquisition as a key step in its strategy, reinforcing its commitment to growth and innovation in mission-critical solutions, according to North America CEO Tom Watson. “The integration of this enhanced portfolio of work will expand our
Serco Wins $690M CMS Rebid to Support Citizen Health Insurance Buying Program
Serco has won a contract from the Centers for Medicare and Medicaid Services to continue supporting eligibility determinations for citizens buying health insurance through the Federal Health Insurance Exchanges. Valued at $690 million if all option periods are exercised, the contract runs for 4 years and seven months and has a 1-year base period and four
Mark Irwin Named Serco CEO, Rupert Soames to Retire
Serco announced that CEO Rupert Soames will retire from the company in September 2023, and he’ll be succeeded by Mark Irwin, who’s currently the CEO of Serco’s U.K. and Europe Division. By the time Soames retires, he will have served Serco for over nine years. “I am delighted to be given the opportunity to lead
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