Cohort PLC Contract Announcement (9590K)
September 03 2019 - 2:00AM
UK Regulatory
TIDMCHRT
RNS Number : 9590K
Cohort PLC
03 September 2019
3 September 2019
Cohort plc
("Cohort" or "the Group")
Contract Announcement
EID awarded EUR16.7m contract from the Portuguese army
Cohort, the independent technology group, is pleased to announce
that its Portuguese subsidiary, EID, has been awarded a EUR16.7M
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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END
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