Cohort PLC Contract Win (6305M)

TIDMCHRT

RNS Number : 6305M

Cohort PLC

17 October 2016

Cohort plc

("Cohort")

Contract Win

MASS awarded nine-year extension contract on Sentry Whole Life Support Programme

Cohort, the independent technology group, is pleased to announce that its subsidiary MASS has been awarded a nine-year extension to its managed IT service contract for the Sentry Whole Life Support Programme (WLSP) at RAF Waddington.

Valued at around GBP12m, the scope of the support contract now includes replacement of the Maintenance, Repair and Overhaul software and adds an Enterprise Performance Management solution.

The team is led by Northrop Grumman with MASS, AAR Corp and Cobham Aviation Services partnering together to support and maintain the availability of the UK's fleet of Airborne Warning and Control System (AWACS) aircraft. Northrop Grumman commented that this nine-year extension recognises MASS's agile response to ever-changing needs and the provision of a first-rate, value for money service.

Andy Thomis, Chief Executive of Cohort said:

"We are delighted to continue supporting Northrop Grumman as their long term IT and software solution partner, and this extension is a significant vote of confidence in our capabilities and service provision as an interdependent partner. We pride ourselves on being customer focused and delivering flexible managed services.

"This adds further visibility to our order book, which underpins a significant proportion of revenues for Cohort's current financial year."

Ends

This announcement includes inside information.

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 Limited      020 3128 8100 
 Reg Hoare / Jamie Ricketts 
  / Ollie Hoare 
 

NOTES TO EDITORS

Cohort plc

Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through five market-facing subsidiary companies:

MASS - a specialist systems house with a focus on electronic warfare operational support, cyber defence and secure information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;

MCL - an expert in sourcing, design and integration of surveillance and other electronic systems, as well as field support and training for the UK MOD and other government agencies. Based in Surrey, MCL has been part of the Group since July 2014;

SCS - a defence technical advisory business, providing a range of services, including independent technical evaluation of military aircraft safety, and design and delivery of large and small scale military training exercises. Owned by Cohort since flotation in March 2006;

SEA - an advanced systems and software business operating in the defence (naval systems, simulation, training and technology research), transport and offshore energy market sectors. Acquired by Cohort in October 2007.

EID - a Portugal based supplier of advanced electronics, communications and command and control products and systems for the global defence market, in which Cohort acquired a majority stake in June 2016.

Cohort was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 800 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey, Scotland and Portugal.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTAKQDQABDDPKD

(END) Dow Jones Newswires

October 17, 2016 02:00 ET (06:00 GMT)