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Serco Wins $300 Million Ten Year Contract for U.S. Postal Service Engineering Support

Award expands company’s 20-year relationship with USPS

VIENNA, VA (April 22, 2007) – Serco Inc., a major provider of government and military support services, announced today that it has been selected to provide engineering, technical, management and IT services to support the U.S. Postal Service (USPS) Engineering organization. Serco will also provide Quality Assurance services, including the testing of mail processing equipment.

The 10-year contract has a potential revenue value of $300 million over the life of the contract.

“In the 20 years we have worked with the Postal Service, we have developed a real appreciation for their unique needs and practical experience in their operations,” said Ed Casey, chairman and CEO of Serco Inc. “USPS is committed to expanding best practices and deploying new solutions to remain competitive and fulfill their essential role in our economy.”

Serco has provided a range of engineering support services to the USPS for more than 20 years. The latest contract marks a broadening of that role to include management services focused on reducing costs and enhancing efficiencies in mail handling operations.

Serco was also supported in this effort by its teaming partner Science Applications International Corporation (SAIC), which will serve as a subcontractor on the projects.

About Serco Inc.

Serco Inc. designs and delivers human resources, logistics, engineering, transportation and IT/business transformation services to the federal government, military, and state and local governments. Serco Inc. is part of Serco Group, a global services company with more than 47,000 employees worldwide.

 
© 2009 Serco, Inc.