ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

CHRT Cohort Plc

810.00
-4.00 (-0.49%)
Last Updated: 15:00:46
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cohort Plc LSE:CHRT London Ordinary Share GB00B0YD2B94 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.49% 810.00 810.00 820.00 840.00 810.00 828.00 57,507 15:00:46
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 182.71M 11.36M 0.2739 29.57 335.81M

Cohort PLC Contract Announcement (9286G)

02/06/2017 7:00am

UK Regulatory


Cohort (LSE:CHRT)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Cohort Charts.

TIDMCHRT

RNS Number : 9286G

Cohort PLC

02 June 2017

02 June 2017

Cohort plc

("Cohort")

Contract Announcement

MCL contracted to supply further Hearing Protection and Communication Ancillaries

to the UK Ministry of Defence (MOD)

Cohort, the independent technology group, is pleased to announce that its subsidiary MCL (Marlborough Communications Ltd) has been awarded two contracts by the MOD to supply and support hearing protection systems and communication ancillaries for land, maritime and air applications, worth a combined GBP5.5 million. The two orders comprise:

-- a follow-on order worth GBP3.2 million for Tactical Hearing Protection Systems for Dismounted Close Combat Users (THPS DCCU) that provide hearing protection for RAF, Royal Navy and Reservist personnel;

-- a new contract to provide In Ear Communication Devices (IECD) for RAF pilots and air crew, with an initial value of GBP2.3 million over five years with options for a further two years.

The contracts follow previous MOD contract awards for hearing protection announced in 2015 and more recently in March 2017. The THPS DCCU solution being supplied by MCL has been developed in partnership with INVISIO Communications, a leading Danish audio technology company, whilst the IECD for RAF and air crews is being developed in conjunction with Banbury-based Advanced Communication Solutions (ACS).

Andy Thomis, Chief Executive of Cohort, said:

"This is another great success for MCL, and its partners, in hearing protection. These two further contracts bring the total number of recent awards to four with a combined value to the Group of around GBP30 million, further cementing MCL's position as the MOD's leading supplier of hearing protection systems for the military.

"This and other recent contract awards 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 
 Keith Anderson / Daniel 
  Adams 
 
 MHP Communications Limited      020 3128 8100 
 Reg Hoare / Jamie Ricketts 
  / Ollie Hoare 
 

NOTES TO EDITORS

Cohort is the parent company of four 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.

MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.

www.mass.co.uk

MCL is an expert in the sourcing, design, integration and support of communications and surveillance technology for the defence and security markets.

www.marlboroughcomms.com

SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets.

www.sea.co.uk

EID designs and manufactures advanced communications systems for the defence and security markets.

www.eid.pt

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTUAANRBBANRAR

(END) Dow Jones Newswires

June 02, 2017 02:00 ET (06:00 GMT)

1 Year Cohort Chart

1 Year Cohort Chart

1 Month Cohort Chart

1 Month Cohort Chart

Your Recent History

Delayed Upgrade Clock