Manufacturing Industry
SERCO GROUP PLC - AWE Contract Extension.
PR Newswire UK Disclose, July, 2005
Serco announces contract extension at UK AWE
Serco Group plc ("Serco") notes the announcement made by the UK Ministry of
Defence ("MoD") regarding the MoD's plans for upgrading of facilities at the
Atomic Weapons Establishment, operated by a joint venture consisting of Serco,
British Nuclear Fuels Limited and Lockheed Martin.
The organic growth from this contract escalates over three years and is valued
to Serco at some [pounds sterling]350m in total. Serco will confirm completion in a further
announcement.
As the MoD has announced, the programme is necessary to upgrade skills and
facilities at the Atomic Weapons Establishment sites at Aldermaston and
Burghfield to provide continued reliability and safety assurance.
For further information...
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