REG - Cohort PLC - Contract Award

CohortAnnouncement

15/07/2024 07:00

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RNS Number : 3119W  Cohort PLC  15 July 2024

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 15 July 2024

 

 

COHORT PLC

("Cohort", "the Company" or "the Group")

 

Contract Award

 

EID signs €33m contract with NATO Communications and Information Agency

 

Cohort, the AIM-listed independent technology group, announces that, following
a competitive tender, its subsidiary EID has signed a contract with the NATO
Communications and Information Agency (NCI Agency) to supply the Portuguese
Army with a Tactical Deployable Communication and Information System (TDCIS).
The value of the signed contract is €33 million with delivery over a three
year period.

 

 

Andy Thomis, Cohort Chief Executive, said:

 

"We are delighted that EID has been selected for this important programme. EID
is well-known for its communications technology and TDCIS will provide the
Portuguese Army with a highly effective, modern system, interoperable with
NATO allies. Together with recent contracts to provide its Integrated
Communications System to Damen for the Portuguese Navy´s Multi-Purpose Vessel
(MPV) and to the Chilean Navy, this win takes EID's order intake to over
€45m in the last 4 months."

 

ENDS

 

For further information please contact:

 Cohort plc                                                           0118 909 0390
 Andy Thomis, Chief Executive
 Simon Walther, Finance Director
 Emily McBride, Group Head of Marketing and Corporate Communications
 Raquel McGrath, Company Secretary

 Investec Bank Plc (NOMAD and Broker)                                 020 7597 5970
 Carlton Nelson, Christopher Baird

 MHP (PR agency)                                                      020 3128 8276
 Reg Hoare, Ollie Hoare, Hugo Harris                                  cohort@mhpgroup.com (mailto:cohort@mhpgroup.com)

 

 

NOTES TO EDITORS

 

Cohort plc (www.cohortplc.com
(https://protect.checkpoint.com/v2/___http:/www.cohortplc.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OjUyN2I6NDNiM2ZlNjY4OGQ4MDAyMzZjZDFiODdlNzVjNjBkNDQzMmE2MjNhOTU1ZTBkOWFhNGIwM2NlY2Y2OGUwZjEwNzpwOlQ6Tg)
) 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.

 

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in
March 2006. It has headquarters in Reading, Berkshire and employs in total
over 1,300 core staff there and at its other operating company sites across
the UK, Germany, and Portugal.

 

The group is split into two divisions - Communications and Intelligence, and
Sensors and Effectors:

 

Communications and Intelligence

·      EID designs and manufactures advanced communications systems for
naval and military customers. Cohort acquired a majority stake in June
2016.  www.eid.pt
(https://protect.checkpoint.com/v2/___http:/www.eid.pt/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OmI3ZWI6YjBiOWIzYmFhNTFjNTdhNjM2NGY3NWY2MmRmOGYyMTg2YmUzOTM5NWIxMmU4MDViYjY0YjJhN2MwMWQ0MWMxNjpwOlQ6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.mass.co.uk/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OmQ4MGU6ZjkzZTZhNGIxY2Y4MTI3NDNjNDQxNzk4NTYwYzg2Zjk0ODQyMzc3NGE5OTlkMjNmZmZmMDcyNDg2NWY0ZjZlMDpwOlQ6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.marlboroughcomms.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OmU5MDg6MmM1ZDBjYmRlOGE5Y2JlMDg1M2I2MTBmYzlkMTNmMjc0ZjE1NGFhY2JjNDk3YTc0ZmRjMzlmYTJjZjNiZDMxODpwOlQ6Tg)

 

Sensors and Effectors

·      Chess Dynamics offers surveillance, tracking and fire-control
systems to the defence and security markets. Chess has been part of the Group
since December 2018. www.chess-dynamics.com
(https://protect.checkpoint.com/v2/___http:/www.chess-dynamics.com/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OjM2ODg6NTE0NmIxNzU5ZTkwMmJlNjBhNDkwODVkZDY4NTk1Nzg0MjE5NmEyMjQ0ZjAyNzMxZTQ3ODYwMGQ2OTM5MTg1OTpwOlQ6Tg)

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.elac-sonar.de/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OjA4MDk6MmM2ODhiNDEyZjAwOWJiMTQ4YWQzY2M2ZTJkYjc0YzllOGQ3YjNjMmM0MTI5MjY1OGYwMDhhNWM4MTE5NTRjYjpwOlQ6Tg)
 

 

·      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
(https://protect.checkpoint.com/v2/___http:/www.sea.co.uk/___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNjU4ZTU2ZDA5MDc1NjNkNzQ3NDBjYzhhNGQzMDQ5ODo2OmQ1MjM6ODRmZDc2OTE0NDAzYTNkNDMzYjJmZmQyMTg0MmFhYzcxMjMzZWU3YTFhMWYwYmMzMjNhMDVkYzJlYTEyM2NjMjpwOlQ6Tg)

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