REG - Cohort PLC - Contract Wins

CohortAnnouncement

11/03/2021 07:06

RNS Number : 8573R
  
Cohort PLC
  
11 March 2021
  
 




One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
 
 
 
11 March 2021
 
 


 
 



 
COHORT PLC
("Cohort" or "the Group" or "the Company")
 
Contract Wins 
 
MARLBOROUGH COMMUNICATIONS WINS THREE NEW CONTRACTS
 
 
Cohort plc, the independent technology group, is pleased to announce that its subsidiary Marlborough Communications Limited ("MCL") has been awarded three new contracts with the UK MOD with a combined value of approximately £9.2 million. 
 
The contracts involve new partnerships with IAI ELTA Systems Ltd in unmanned ground vehicles and Rohde and Schwarz in the area of electronic intelligence.  Deliveries will commence in the Group's current financial year and continue through into 2022, with the majority of revenue falling in financial year 2021/22. 
 
Andy Thomis, Cohort Chief Executive, said:
"These contract wins clearly demonstrate the important role MCL plays in partnering with key technology providers to supply unique products and services for UK defence. Together with other recent contract wins across the Group, these contracts further strengthen our order book and enhance the visibility of our revenues in this financial year and beyond."
 
ENDS
 
For further information, please contact:
 



Cohort plc






0118 909 0390




Andrew Thomis, Chief Executive

Simon Walther, Finance Director 
Raquel McGrath, Company Secretary 












                












Investec Bank plc






020 7597 5970




Daniel Adams / Christopher Baird


























MHP Communications






020 3128 8100




Reg Hoare / Pete Lambie / Isabella Grace











 
 
NOTES TO EDITORS   
 
Cohort plc (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 Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets. It was acquired by Cohort plc in December 2018. www.chess-dynamics.com & www.vision4ce.com
 
 
 
EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  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 
 
 
 
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
 
 
 
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
 
 
 
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
 
 
 
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 other operating company sites across the UK, Germany and 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
CNTSFLFMSEFSELD