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Graduate opportunities may open as G4S gets £100 million contract

Published: Tuesday, 22 March 2011   Category: Sport, leisure and hospitality

Graduate opportunities may become available with one of the country's biggest security firms after it signed a deal to be the upcoming Olympic Games' security provider.

G4S - a Crawley-based security services company - was awarded the contract, believed to be worth around £100 million, yesterday (March 21st), according to Reuters.

Around 10,000 security professionals will be employed to protect the public at London's 2012 Summer Olympic Games.

Robert Plant, an analyst for JP Morgan, told the news provider that the earnings from the contract may actually supersede £100 million.

"We believe that the contract will have sales of £100 million, with perhaps an extra £30 million of additional sales coming from security deals with corporate sponsors of the Games," analyst wrote in a note.

The London Olympics Games will be the 30th time the summer events have been held. The capital will become the first city to host the modern Olympic Games three times: having already hosted in 1908 and 1948.