Further ECS Work for SEA and Trading Update

RNS Number : 2967T

Cohort PLC

05 December 2011

 



05 December 2011                                                                                                                                                    AIM: CHRT

COHORT PLC ("Cohort")

Further ECS Work for SEA and Trading Update

Cohort, the independent technology group, today announces that its wholly owned subsidiary SEA has been selected by BAE Systems to provide two additional External Communication Systems (ECS) for the Royal Navy's Astute class of submarine.  The work is valued at over £9m in total and will be carried out over the next 42 months.  Detailed contract negotiations continue, with full contract award to follow. The work is additional to SEA's contract for ECS Infrastructure for Audacious announced in April 2010.

As a result of these contracts SEA will provide ECS for the Astute Class submarines Artful (boat 3), Audacious (boat 4) and Anson (boat 5). SEA is working with Thales Underwater Systems Ltd, Selex Communications and Aish Technologies Ltd to deliver ECS. 

Cohort is releasing its results on 15 December 2011. Overall, trading for the period is expected to be in line with the Board's expectations and the cash performance has been good.

Andrew Thomis, Cohort Chief Executive, commented

"This decision represents a strong vote of confidence in SEA's capabilities and its naval communications technology.  It is also an important step forward for the business and provides strong contribution to its order book for the next couple of years.

"ECS is a world leading system that we hope will be adopted for further Astute Class boats and other naval platforms internationally."

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For further information, please contact

Cohort plc	0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Investec  (NOMAD)	020 7597 5970
Keith Anderson Daniel Adams
MHP Communications Limited	020 3128 8100
Reg Hoare / Vicky Watkins

Cohort plc (www.cohortplc.com)  

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:

·     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;

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

·     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, through its operating companies, employs in total around 600 core staff there and at bases in Bristol, Cambridgeshire, Lincolnshire and Somerset.

 

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