REG - Cohort PLC - Contract Announcement

CohortAnnouncement

02/05/2019 07:05

RNS Number : 8115X
Cohort PLC
02 May 2019
 


2 May 2019
 
Cohort plc
("Cohort" or "the Group")
 
Contract Announcement
 
SEA awarded £3m contract extension to support maritime equipment
 
Cohort plc, the independent technology group, is pleased to announce that its wholly-owned subsidiary SEA has been awarded a two year extension to the Miscellaneous Sonar Equipment availability-based contract for the UK Royal Navy from 1 April 2019 to 31 March 2021, worth in excess of £3m. 
 
Andy Thomis, Chief Executive of Cohort, said:
"This latest contract award further demonstrates our expertise in supporting maritime equipment and builds on our relationship with an important existing client. Alongside other recent wins, this contract enhances the visibility of future Group revenue."
 
 
Ends
 
For further information, please contact:













Cohort plc


0118 909 0390




Andy Thomis, Chief Executive








Simon Walther, Finance Director


















Investec Bank Plc


020 7597 5970




Chris Baird / Daniel Adams


















MHP Communications


020 3128 8771




Reg Hoare / Ollie Hoare / Luke Briggs







 
 
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of five innovative, agile and responsive businesses based in the UK and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
 
Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers systems and technologies for detecting, tracking, classifying and disrupting naval, land and air threats. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com
 
EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016.  www.eid.pt
 
MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.  Acquired by Cohort in August 2006. www.mass.co.uk
 
MCL - an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training for UK end users including the MOD and other government agencies. MCL has been part of the Group since July 2014. www.marlboroughcomms.com
 
SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets. Acquired by Cohort in October 2007. www.sea.co.uk
 
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Reading, Berkshire and employs in total around 950 core staff there and at its other operating company sites across the UK and in Portugal.




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
CNTUAANRKKAVRAR