Cohort PLC Contract Announcement (3419L)

TIDMCHRT

RNS Number : 3419L

Cohort PLC

24 December 2018

Cohort plc

("Cohort" or "the Group")

Contract Announcement

MASS wins GBP3m Electronic Warfare Operational Support contract

Cohort plc, the independent technology group, is pleased to announce that its wholly-owned subsidiary MASS Consultants Ltd ("MASS") has been awarded a contract valued at GBP3.2m to supply Electronic Warfare Operational Support software to Thailand. The contract includes provision of MASS's own Electronic Warfare solutions and associated support for three years.

Andy Thomis, Chief Executive of Cohort, said:

"This contract win further highlights that MASS's specialist skills are in demand with our global customers and reinforces our world leading capability in this area. Together with other recent wins, this contract enhances 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 
 Keith Anderson / Daniel Adams 
 
 MHP Communications                 020 3128 8778 
 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.

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.

END

CNTUAUNRWKAUUAA

(END) Dow Jones Newswires

December 24, 2018 02:00 ET (07:00 GMT)

Cohort (AQSE:CHRT.GB)
Historical Stock Chart
From Jul 2024 to Jul 2024