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Serco Wins Position on $2.5 Billion U.S. Navy CANES Fleet Modernization Contract

Companies mentioned in this article: Serco Inc.

RESTON, Va., Aug. 21, 2014 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services to the Federal government, announced today that the U.S. Navy has awarded the Company a Consolidated Afloat Networks and Enterprise Services (CANES) indefinite delivery/indefinite quantity (IDIQ) contract. The contract has a ceiling value of $2.5 billion over an eight-year period of performance.

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Serco will leverage its Command, Control, Communication, Computer, Intelligence, Surveillance and Reconnaissance (C4ISR) expertise to perform hardware integration, system configuration, software installation and testing at the Serco Integration Facility (SIF) in San Diego, CA.

"The CANES program is a key component of Serco's C4ISR market strategy and continues our over ten-year working relationship with Program Executive Office C4I and SPAWAR," said Dan Allen, Serco Inc.'s Chairman and Chief Executive Officer. "Utilizing our C4ISR capabilities, Serco is demonstrating its ability to effectively deliver value on the Navy's highest volume and most complex system production programs."

This Space and Naval Warfare Systems Command (SPAWAR) contract supports the Navy's CANES acquisition as it transitions from low-rate into full-rate production. CANES is modernizing the Fleet by consolidating five legacy networks into one open, modular, and scalable Local Area Network (LAN) system. The CANES system reduces the infrastructure footprint and its associated costs while increasing reliability, security, interoperability and application hosting to meet current and projected Warfighter requirements.

In addition to supporting the U.S. Navy's most important shipboard IT modernization program in years, Serco provides C4ISR services to the U.S. Air Force and U.S. Army. Serco delivers lifecycle sustainment engineering, systems integration, hardware procurement, software development, technical support, installation and testing, operations and maintenance solutions.

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 annual revenue of $1.2 billion. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $7.5 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.

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SOURCE Serco Inc.