Cohort PLC Contract Announcement (1528Z)

TIDMCHRT

RNS Number : 1528Z

Cohort PLC

13 December 2017

13 December 2017

Cohort plc

("Cohort" or "the Group")

Contract Announcement

MASS awarded extension to UK MOD contract

Cohort, the independent technology group, is pleased to announce that, subject to contract, its subsidiary MASS has been awarded a two-year contract extension by the UK Ministry of Defence to provide training and exercise support to Joint Forces Command (JFC). The extension is worth around GBP10m and will commence in April 2018. The original contract, awarded following a competition in November 2015, included an option to extend on these terms.

Under the contract MASS provides a comprehensive support service for the design, development and delivery of joint force exercises, together with a Contingent Capability Reporting and Standards system and a Defence Exercise Planning tool. The team has carried out this role since 2000, winning five successive competitive tenders. Over the period we have provided effective training in the range of military tasks from small-scale stabilisation operations to full war-fighting.

Andy Thomis, Chief Executive of Cohort, said:

"This contract reinforces our position as a market leader for large-scale, joint operational training and exercise support. We are delighted that MASS will continue to work with the MOD's Joint Forces Command, building on the Group's deep experience in training and other key roles across defence. This contract award, together with other recent wins, enhances 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                 020 3128 8771 
 Reg Hoare / Ollie Hoare 
 

NOTES TO EDITORS

Cohort plc (www.cohortplc.com) 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. 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

EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016. www.eid.pt

Cohort (AIM: CHRT) 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

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December 13, 2017 02:00 ET (07:00 GMT)