REG - Cohort PLC - SEA AWARDED UPGRADE CONTRACT WITH MOD

CohortAnnouncement

07/09/2022 07:00

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RNS Number : 4944Y  Cohort PLC  07 September 2022

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 07 September 2022

 

COHORT PLC

("Cohort" or "the Group")

 

SEA AWARDED UPGRADE CONTRACT WITH MOD

 

 

Cohort plc, the AIM listed technology group, is pleased to announce that its
subsidiary SEA (Systems Engineering and Assessment Ltd) has been awarded a new
contract worth around £34m with the UK MOD, to provide systems and equipment
upgrade of the Anti-Submarine Warfare and countermeasures systems on some of
the platforms crucial to the Royal Navy. Under the contract SEA will also
provide in-service support for these systems across the naval fleet for a
period of five years with the option to further extend for two years.

 

Andy Thomis, Cohort Chief Executive said, "This order is a clear demonstration
of the strong relationship between SEA and the UK MOD, and further cements
SEA's position as a leading supplier of maritime defence systems to navies
across the globe. Together with other recent contract wins across the Group,
this order further strengthens our order book and enhances the visibility of
future revenues."

 

For further information on SEA, please visit: www.sea.co.uk
(http://www.sea.co.uk)

 

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

 Investec Bank Plc (NOMAD and Broker)  020 7597 5970
 Daniel Adams, Christopher Baird

 MHP Communications                    020 3128 8276
 Reg Hoare, Ollie 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 Technologies, through its operating businesses Chess Dynamics and
Vision4ce, 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
over 1,000 core staff there and at its other operating company sites across
the UK, Germany and Portugal.

 

 

 

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