HOOK (dpa-AFX) - Serco Group plc (SRP.L) announced an agreement to acquire BTP Systems LLC, a provider of satellite communication and radar engineering technical services to the US defence industry, for $20 million. BTP has deep capabilities within the satellite and radar industries, where it provides maintenance, repair and overhaul, testing facilities, and related systems and field engineering services.
Serco said, BTP's in-service engineering and related capabilities, when combined with the Group's existing installation services, will create a full end-to-end capability to sustain systems throughout their life cycle. Major customers of BTP include the Space and Naval Warfare Systems Command, the Naval Supply Systems Command and Hill Air Force Base in Utah.
Copyright RTT News/dpa-AFX
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