Servexo secures $41 million VA contract amid growing demand for veteran-led businesses
- Servexo secured a $41 million multi-year contract with the U.S. Department of Veterans Affairs in Los Angeles.
- The contract includes comprehensive protective services at various VA facilities in the Greater Los Angeles area.
- This achievement highlights the potential for veteran-led businesses to thrive and compete effectively.
In a significant turn of events for veteran-led companies, Servexo has secured a $41 million contract with the U.S. Department of Veterans Affairs in Los Angeles. This contract represents a culmination of persistent efforts by the company, which had competed for the award three times prior. The multi-year contract will enable Servexo to provide 24/7 protective services at various critical VA locations, including hospitals and outpatient clinics, throughout the Greater Los Angeles area, an important region with considerable traffic and complexity regarding veteran services. John Palmer, the CEO of Servexo, expressed the importance of this achievement for the company and the veteran community, stating that it is not only a victory for Servexo but also for every veteran they employ and the many communities they serve. He emphasized the significance of this contract for his team, who have remained committed to their mission of providing high-quality protective services. This win is particularly symbolic for Palmer and Servexo, as the company’s journey began with their first federal contract being awarded with the Department of Veterans Affairs in Long Beach, California, thus bringing their story full circle. As of the award, Servexo’s workforce in Los Angeles will expand to over 120 trained security professionals, all of whom will be backed by advanced monitoring systems and local leadership. The company currently services over 50 Department of Veterans Affairs facilities nationwide, making it a recognized leader in protective services for the VA in Southern California. This contract affirms Servexo's position as a premier provider in the region and reflects the growing demand for veteran-led businesses in the marketplace. Palmer’s comments resonate with many aspiring veteran entrepreneurs, infusing them with motivation and a sense of possibility that they can establish competitive and successful enterprises. The recognition and expansion of Servexo not only empower the company itself but also highlight the broader capability of veteran-led businesses to thrive in sectors that require dedication and integrity. As they embark on this new chapter, the expectation is that Servexo will set a precedent for future veteran-owned businesses aiming to enter competitive markets and succeed at the highest level.