CHRT Cohort Plc

COHORT PLC

("Cohort" or "the Company")

CONTRACT WIN

 Marlborough Communications secures £21.4m of orders

Cohort plc, the Independent Technology Group, is pleased to announce that its subsidiary Marlborough Communications Ltd ("MCL") has been awarded two orders with a total value of £21.4m by a UK government customer. Work will commence immediately and is expected to be complete within one year.

Andy Thomis, Cohort Chief Executive, said:

"This order demonstrates again the effectiveness of MCL's business model, based on close, trusted relationships with both external technology providers and UK government customers. Its highly skilled and knowledgeable team has a unique capability to provide effective solutions to emerging threats, rapidly, and at competitive prices.

"Together with other recent contract wins across the Group, this further underpins our order book and enhances the visibility of future revenues."

ENDS

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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.

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 1,300 core staff there and at its other operating company sites across the UK, Germany, and Portugal.

The group is split into two segments - Communications and Intelligence, and Sensors and Effectors:

Communications and Intelligence

·      EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016.  www.eid.pt

·      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

Sensors and Effectors

·      Chess Dynamics offers surveillance, tracking and fire-control systems to the defence and security markets. Chess has been part of the Group since December 2018. www.chess-dynamics.com

·      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 

·      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