Cohort PLC Contract Announcement (4236O)
October 02 2019 - 2:00AM
UK Regulatory
TIDMCHRT
RNS Number : 4236O
Cohort PLC
02 October 2019
2 October 2019
Cohort plc
("Cohort" or "the Group")
Contract Announcement
MASS WINS FIVE MILITARY CONTRACT EXTENSIONS
Cohort, the independent technology group, is pleased to announce
that its wholly owned subsidiary MASS Consultants Ltd ("MASS") has
been awarded five military support contract extensions with a
combined value of approximately GBP11.1 million. The contracts are
expected to be delivered over the next three years.
Andy Thomis, Cohort Chief Executive, said: "I am delighted to
confirm that we will be providing additional support for these
important military contracts. Together with other recent wins
across the Group, these contracts 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
Daniel Adams / Chris Baird
MHP Communications 020 3128 8771
Reg Hoare / Ollie Hoare
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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