Serco wins GBP 147 million Navy contract. Serco stock sits 23.02 percent below its yearly high.

Published on 10/02/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Navy work spans 10 mission functions and technical engineering. Serco stock costs EUR 2.98 on October 2, 2026 versus EUR 3.00, minus 0.67 percent.

Moderne Leitzentrale mit Monitoren für Transport- und Verkehrsüberwachung, Mitarbeiter an Arbeitsplätzen — Serco Group plc GB0033055624 zeigt moderne Leitzentrale mit Monitoren für Transport- und Verkehrsdaten im Überblick, Illustration mit AI erstellt.

Serco Group (ISIN GB0007973794) was trading at EUR 2.98 at Lang & Schwarz on October 2, 2026 at 3:01 p.m. CEST as Naval Today reported on October 1 that the company had been awarded a GBP 147.00 million contract to support US Navy surface ships. The stock was 23.02 percent below its 52-week high of GBp 325.80, based on the primary-market range of GBp 218.40 to GBp 325.80 on October 2.

Navy work covers 10 functions

The contract supports in-service surface ships for the Deputy Portfolio Acquisition Executive for Maritime Modernization and Sustainment. Serco will provide life-cycle management, program and project management, technical engineering, and integrated logistics support across 10 core mission functions, with work at US naval hubs in the continental United States and overseas.

First-half profit reached GBP 155 million

Halifax reported on September 25, 2026 that Serco generated GBP 2.50 billion of revenue in the first six months of 2026 and underlying operating profit of GBP 155.00 million, versus GBP 146.00 million a year earlier. The update also described a GBP 12.50 billion pipeline after more than GBP 2.00 billion of contract awards and extensions, while US procurement delays remained a constraint.

The first-half figures give the Navy award a wider operational context. Serco is combining defense contract wins with a pipeline that is five times the reported first-half revenue, although the pipeline figure is not the same as booked revenue and should not be treated as a forecast.

Stock stays below its yearly high

Serco trades on the London Stock Exchange under ticker SRP, with a GBp 250.80 primary-market quote at 2:06 p.m. BST on October 2, 2026. The level is 23.02 percent below the GBp 325.80 52-week high and 14.83 percent above the GBp 218.40 low, keeping the share price materially closer to its yearly low than its peak.

EUR 2.98 at Lang & Schwarz

At Lang & Schwarz, Serco stock was trading at EUR 2.98 on October 2, 2026 at 3:01 p.m. CEST, down 0.67 percent versus the prior close of EUR 3.00 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Serco stock.