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COHORT PLC

Management Reports Jul 25, 2016

7568_rns_2016-07-25_29186890-5ec0-4fb9-bcc6-0df5e1d475cd.html

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RNS Number : 0496F

Cohort PLC

22 July 2016

25 July 2016

Cohort plc

("Cohort" or "the Group")

Contract Win

MCL awarded Airborne Tactical Communications Support Contract

Cohort, the independent technology group, today announces that its subsidiary Marlborough Communications Ltd (MCL), has been awarded the UK MOD Airborne Tactical Communications Support Contract.

The contract, valued at up to £7.7m, is to provide support to certain specialist equipment and includes options covering additional development activities. The duration of the contract will be between two and six years, with a minimum value of around £0.9m, depending on the options chosen by the customer. MCL will be supported by its partner Serbus Ltd in the delivery of the contract.

Andrew Thomis, Chief Executive of Cohort plc said:

"This is another excellent win for MCL demonstrating its extremely strong capability in this specialist area. After many years successfully delivering land based tactical communications, we are pleased to have built on this experience enabling this, our first win in the tactical airborne environment.

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

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 plc (www.cohortplc.com) is the parent company for five innovative, agile and responsive businesses working primarily for defence, wider government and industry clients. 

·      EID (www.eid.pt) - a Portugal based supplier of advanced communications products and systems for the global defence market.  EID has been part of the Group since June 2016.

·      MASS (www.mass.co.uk) - a specialist defence and technology business, focused mainly on electronic warfare, information systems and cyber security.  Acquired by Cohort in August 2006.  

·      MCL (www.marlboroughcomms.com) - 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.

·      SCS (www.scs-ltd.co.uk) - a defence consultancy, combining technical expertise with armed forces experience and domain knowledge. Owned by Cohort since flotation in March 2006. 

·      SEA (www.sea.co.uk) - an advanced electronic systems and software house operating in the defence, transport and offshore energy markets.  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 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

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