Cohort PLC
21 February 2008
21 February 2008
Cohort wins £9M research programme to support UK armed forces
Cohort plc, a leading independent defence technical services business, is
pleased to announce that one of its subsidiary companies, SEA, has been awarded
a framework contract by the MoD's Defence Technology and Innovation Centre
(DTIC), valued at circa £9M over three years, for the DTIC's Expeditionary
Logistics & Support research programme.
This programme is targeted at developing new techniques, processes and
technology to support expeditionary operations by the UK armed forces. It covers
an extremely broad range of capabilities from strategic mobility, theatre
maritime, ground and medical sustainment. Efficient expeditionary logistics and
support are critical to maintaining effective operations in such places as
Afghanistan and Iraq.
SEA's approach to managing the research programme, including open forums for the
discussion of requirements and the pull through of innovative ideas to meet them
will ensure that the DTIC gains maximum benefit from the knowledge and research
activities of SEA and its broad team of participating companies.
Nick Prest CBE, Chairman of Cohort plc, commented: 'We regard this as a key
research programme that will benefit from SEA's ability to manage research well
across a broad area with many interested parties. Following on the award of the
Future Dismounted Close Combat (FDCC) research programme in 2007, it
demonstrates the MOD's confidence in SEA to undertake these important research
programmes.'
For further information, please contact
Cohort plc 014 9184 3150
Simon Walther, Finance Director
Investec 020 7597 5970
Michael Ansell
Hogarth Partnership Limited 020 7357 9477
Julian Walker, Andrew Jaques, Vicky Watkins
Notes to Editors:
Cohort plc (www.cohortplc.com) is a 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 defence and aerospace systems
developer focused mainly on Electronic Warfare, Information Systems, Managed
Services and Secure Communications. Acquired by Cohort in August 2006 for
an initial consideration of £12.5m.
• SCS (www.scs-ltd.co.uk) - primarily an independent defence consultancy,
combining technical expertise with practical experience and domain
knowledge.
• SEA (www.sea.co.uk) - an advanced surveillance systems and software
house with hardware development capability operating in the defence, space,
transport and offshore market sectors. Acquired by Cohort in October 2007
for an initial consideration of £20.7m.
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in
March 2006. It has its headquarters in Oxfordshire and, through its operating
companies, employs in total around 450 staff there and at bases in Bristol,
Cambridgeshire, Oxfordshire, Lincolnshire and Somerset.
This information is provided by RNS
The company news service from the London Stock Exchange
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