REG - Cohort PLC - Contract Announcement

CohortAnnouncement

03/09/2019 07:05

RNS Number : 9590K
Cohort PLC
03 September 2019
 


3 September 2019
Cohort plc
("Cohort" or "the Group")
 
Contract Announcement
 
EID awarded €16.7m contract from the Portuguese army
Cohort, the independent technology group, is pleased to announce that its Portuguese subsidiary, EID, has been awarded a €16.7M contract to supply tactical radios and ancillary equipment for the Portuguese Army. Deliveries will start in 2019 and will continue until 2026.
 
This order follows on from earlier contracts with the Portuguese Army, allowing them to use a modern and powerful tactical communications system based on software-defined radio principles, with a high level of efficiency and compatibility with other NATO countries.
 
The PRC-525 combat net radio is currently the standard manpack and vehicular radio in the Portuguese Army. It covers HF, VHF and UHF frequency ranges, featuring frequency hopping and a wide range of waveforms. The contract includes the provision of other systems and components developed and manufactured by EID, including deployable base systems, power amplifiers for vehicular use and antenna tuning units.
 
Andy Thomis, Chief Executive of Cohort, said:
"I am very pleased that EID has been awarded this contract, continuing our long and deep relationship with the Portuguese Army. This contract will provide EID with an important long term revenue stream and together with other recent wins across the Group, will enhance 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.
 




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