COHORT PLC

Capital/Financing Update • Apr 29, 2013

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RNS Number : 4258D

Cohort PLC

29 April 2013

29 April 2013

Cohort plc

("Cohort" or the "Group")

SCS Win UK MoD Training Support Contract Extension

Cohort, the independent technology group, today is pleased to announce that its subsidiary, SCS, has won a 12-month extension to its training support contract for the UK Ministry of Defence's Joint Forces Command (JFC), valued at £2.6 million.  

The value of this contract extension is significantly higher than was envisaged when the original contract was announced in March 2011.

Work under the contract includes rehearsing the JFC's various component organisations through a series of live and simulated exercises. SCS has supported the collective training of deployable headquarters for the JFC and its predecessor, the Permanent Joint Headquarters, since 2000, winning four competitive tenders. 

Cohort will be releasing its final results for the year ending 30th April 2013 on 24th June 2013.

Andy Thomis, Chief Executive of Cohort plc, said:

"This contract is a welcome reaffirmation of SCS's position as the market leader for large-scale, joint operational training services, both in the UK and internationally.  Despite the tight UK defence market the Group continues to make good progress exploring opportunities with both new and existing customers."

ENDS

For further information, please contact

Cohort plc	Andrew Thomis, Chief Executive Simon Walther, Finance Director	+44 (0)118 909 0390
Investec	Keith Anderson, Daniel Adams	+44 (0)20 7597 5970
MHP Communications	Reg Hoare, Vicky Watkins, Ben Griffiths	+44 (0)20 3128 8100

Cohort plc (www.cohortplc.com) (@Cohortplc)

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

Ÿ MASS (www.mass.co.uk) - a specialist systems house with considerable experience in the defence market and a focus on information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;

Ÿ SCS (www.scs-ltd.co.uk) - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;

Ÿ SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development capability operating in the defence, space and transport market sectors. Acquired by Cohort in October 2007.

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 500 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Lincolnshire and Somerset.

This information is provided by RNS

The company news service from the London Stock Exchange

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