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.