Cohort PLC SEA AWARDED UPGRADE CONTRACT WITH MOD (4944Y)
07 Settembre 2022 - 8:00AM
UK Regulatory
TIDMCHRT
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 GBP34m
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
For further information on Cohort plc please visit:
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 ) 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
EID designs and manufactures advanced communications systems for
naval and military customers. Cohort acquired a
majority stake in June 2016. 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
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
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
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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END
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