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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 | |
---|---|---|---|---|---|---|---|---|---|---|
10.00 | 1.30% | 780.00 | 780.00 | 790.00 | 780.00 | 778.00 | 778.00 | 2,262 | 08:08:42 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 182.71M | 11.36M | 0.2739 | 28.11 | 319.23M |
TIDMCHRT
RNS Number : 4033I
Cohort PLC
26 November 2018
26 November 2018
Cohort plc
("Cohort" or "the Group")
Contract Announcement
MASS wins GBP20m Electronic Warfare Operational Support contract
Cohort plc, the independent technology group, today announces that its wholly-owned subsidiary MASS Consultants Ltd ("MASS") has been awarded a contract to supply Electronic Warfare Operational Support software and services valued at GBP20m. The contract will include the development of countermeasures to protect combat aircraft against missile threats. Delivery will take place over the next 7 years.
Andy Thomis, Cohort Chief Executive, said:
"This is an important win for MASS that once again demonstrates its world-leading capability in this important area. MASS's ability to provide customers with true operational sovereignty, and to enable them to operate with confidence in the real tactical environment that they face, is a unique source of competitive advantage. Together with other recent wins, this contract award 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 8778 Reg Hoare / Ollie Hoare / Luke Briggs
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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November 26, 2018 02:00 ET (07:00 GMT)
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