RESTON, Va., Feb. 12, 2016 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services to the federal government, announced today that the Company has been awarded a hazardous materials (HAZMAT) inventory management contract with the U.S. Navy's Fleet Logistics Center San Diego. Under this contract Serco will provide expert personnel for the procurement of HAZMAT materials in order to buy, track, stock and provide items on request across the Navy's Southwest Region. The five-year contract has a one-year base period and four one-year option periods, valued at $47 million, if all options are exercised.
Serco will work with the U.S. Navy to standardize HAZMAT management by integrating the Company's proven forecasting management model. Serco will also seek to identify viable substitutes to HAZMAT materials and ensure stock levels meet the U.S. Navy's needs along with the required Military Specification, Federal Specification and Commercial Item Description requirements.
"For the past 14 years, Serco has been performing work on ships and at facilities nationwide to support the Navy with HAZMAT management solutions," said Dan Allen, Chairman and CEO of Serco Inc. "I am proud of the commitment by our team to meet the operational needs of our customer, and delivering services and solutions that enable the Navy to deliver on their mission."
Serco will supply support to the U.S. Navy at various Naval installations within the Fleet Logistics Center San Diego (FLCSD) region, as well as partner sites in the Southwest Region including Naval Base San Diego, Naval Air Station North Island, Naval Air Facility El Centro, Marine Corps Air Station Miramar, Naval Base Ventura County and Naval Air Warfare Center China Lake.
About Serco Inc.: Serco Inc. is a leading provider of professional, technology, and management services. 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 10,000 employees and an annual revenue of $1 billion. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $5.9 billion international business that helps transform government and public services around the world. More information about Serco Inc. can be found at www.serco-na.com.
SOURCE Serco Inc.