RCS - Cohort PLC - ELAC SONAR CONTRACT WIN

CohortAnnouncement

23/03/2022 07:00

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RNS Number : 6636F  Cohort PLC  23 March 2022

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 23 March 2022

 

COHORT PLC

("Cohort" or "the Group")

CONTRACT WIN

 

 

ELAC SONAR WINS DOMESTIC CONTRACT FOR SUPPLY OF HYDROACOUSTIC EQUIPMENT

 

Cohort plc, the AIM listed technology group, is pleased to announce that its
German subsidiary ELAC Sonar has been awarded a contract to supply
hydroacoustic equipment by Fassmer Shipyard, working on behalf of BAAINBw (the
Federal Office of Bundeswehr Equipment, Information Technology and In-Service
Support).   The contract, worth around €4m, will see the equipment fitted
in two SVK Boote vessels for the German WTD 71 (Technical Centre for Ships and
Naval Weapons, Maritime Technology and Research). The contract is expected to
be completed by Q4/2023.

 

ELAC Sonar are specialists in advanced sonar systems and were selected by the
domestic customer as part of a competitive tender for the hydroacoustic
equipment and associated technical services.  The SVK Boote vessels will be
used for military operations such as protection during the salvage of torpedos
and escorting of submarines during trials in shallow waters, as well as for
the deployment of autonomous underwater vehicles (AUV´s).  The equipment
includes ELAC's Pinger Locating Sonar (ELAC PILOS 2.0), a passive sonar used
to detect and track underwater noise and signals mainly generated by sonar
systems or other acoustic sources.  ELAC's Underwater Communication System
(ELAC UT 3000 2G) will provide analogue and digital communications for the
vessels.

 

Bernd Szukay, Managing Director of ELAC Sonar said, "ELAC is very pleased to
deliver its Pinger Locating Sonar and its Underwater Communication System to
contribute to this prestigious program.  Our state-of-the-art equipment will
be an asset for the operators to perform their missions safely.

 

We are proud of the trust placed in us from both parties which underlines our
commitment to deliver outstanding solutions to the Bundeswehr."

 

Andy Thomis, Cohort Chief Executive said, "I am delighted to confirm that we
have been awarded this contract to deliver equipment to the Bundeswehr.
Together with other recent wins across the Group, this contract will enhance
visibility of future Group revenue."

 

For further information on ELAC Sonar please visit: elac-sonar.de
(http://www.elac-sonar.de)

For further information on Cohort plc please visit cohortplc.com
(http://www.cohortplc.com)

 

ENDS

 

For further information please contact:

 Cohort plc                          0118 909 0390
 Andy Thomis, Chief Executive
 Simon Walther, Finance Director

 Raquel McGrath, Company Secretary

 MHP Communications                  020 3128 8570
 Reg Hoare, Pete Lambie              cohort@mhpc.com

 

 

NOTES TO EDITORS

 

Cohort plc (www.cohortplc.com (http://www.cohortplc.com/) ) is the parent
company of six innovative, agile and responsive businesses based in the UK,
Germany and Portugal, providing a wide range of services and products for
domestic and export customers in defence and related markets.

 

Chess offers surveillance, tracking and fire-control systems to the defence
and security markets. A majority stake was acquired by Cohort plc in December
2018. www.chess-dynamics.com (http://www.chess-dynamics.com)

 

EID designs and manufactures advanced communications systems for naval and
military customers. Cohort acquired a majority stake in June
2016.  www.eid.pt (http://www.eid.pt/)

 

ELAC SONAR supplies advanced sonar systems and underwater communications to
global customers in the naval marketplace.  Acquired by Cohort in December
2020.  www.elac-sonar.de (http://www.elac-sonar.de/)

 

MASS is a specialist data technology company serving the defence and security
markets, focused on electronic warfare, digital services and training support.
 Acquired by Cohort in August 2006. www.mass.co.uk (http://www.mass.co.uk/)

 

MCL designs, sources and supports advanced electronic and surveillance
technology for UK end users including the MOD and other government agencies.
MCL has been part of the Group since July 2014. www.marlboroughcomms.com
(http://www.marlboroughcomms.com/)

 

SEA delivers and supports technology-based products for the defence and
transport markets alongside specialist research and training
services. Acquired by Cohort in October 2007. www.sea.co.uk
(http://www.sea.co.uk/)

 

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in
March 2006. It has headquarters in Reading, Berkshire and employs in total
around 1,000 core staff there and at its main operating company sites across
the UK, Germany and Portugal.

 

 

 

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