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Serco history
Serco company history timeline
In 1989, Serco began branching out to Asia and the Pacific Rim and launched an expansion into civil government and commercial markets.
Several small acquisitions, together worth £1.4 million, in 1990 brought Serco into the management of central government facilities in Australia and New Zealand and bolstered the company's business with local governments inside the United Kingdom.
The company began running hospitals for Britain's National Health Service (NHS). Total revenues approached $200 million by 1991.
Serco entered the air traffic control business by acquiring most of International Aeradio Limited (IAL) (apart from loss-making health operations) from British Telecommunications for £12.25 million ($18 million) in April 1992.
The Serco Institute was created in 1994.
Similar profit and turnover increases were reported in 1996, spurred by increased outsourcing demand in Australia.
1997: Serco joint venture begins running Docklands Light Railway.
Serco moved into the United States state and local public services market via the acquisition of JL Associates in 1998.
Serco bought the support services subsidiary of DASA, DaimlerChrysler's aerospace division, in August 1999.
In 2019 Serco acquired the Naval Systems Business Unit of Alion Science and Technology, with a deal that expanded the capabilities that Serco is able to provide to customers in the area of maritime modernization.
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Most recently, in 2021 Serco acquired Whitney, Bradley & Brown, Inc. (WBB) to strengthen the Company's platform in acquisition and program management services to a range of Department of Defense clients.
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Serco competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CACI International | 1962 | $7.7B | 20,000 | 3,046 |
| SAIC | 1969 | $7.4B | 25,500 | 1,716 |
| ManTech | 1968 | $2.6B | 7,800 | 709 |
| Booz Allen Hamilton | 1914 | $10.7B | 29,200 | 1,680 |
| Lockheed Martin | 1995 | $71.0B | 115,000 | 4,886 |
| Cognosante | 1987 | $25.0M | 1,128 | - |
| Bering Straits | 1972 | $330.0M | 3,000 | 119 |
| Alutiiq | 1999 | $500.0M | 2,000 | 72 |
| Mclaughlin Research Corporation | - | $35.2M | 200 | 72 |
| Maden Technologies | 1986 | $10.1M | 75 | - |
Serco history FAQs
Zippia gives an in-depth look into the details of Serco, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Serco. The employee data is based on information from people who have self-reported their past or current employments at Serco. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Serco. The data presented on this page does not represent the view of Serco and its employees or that of Zippia.
Serco may also be known as or be related to Serco, Serco Group plc, Serco Inc, Serco Inc Dumfries and Serco Inc.