SEA awarded ?11m contract

RNS Number : 0415M

Cohort PLC

20 August 2013

 



Cohort plc

("Cohort" or "the Group")

SEA awarded £11m contract to supply further External Communications Systems

Cohort, the independent technology group, is pleased to announce that its subsidiary SEA has been awarded a contract by BAE Systems, to provide two External Communications Systems for the Astute submarine programme, with a value of approximately £11m.

The two systems are intended for Astute Boat 6 (HMS Agamemnon) and the unnamed Boat 7. The contract builds on the work already under way to provide the same system for Boat 3 (Artful), 4 (Audacious) and 5 (Anson). SEA will work with its partners Aish Technologies Ltd, Selex ES and Thales UK to deliver these systems.

Andrew Thomis, Chief Executive of Cohort plc said:

"This is excellent news for SEA and the Group, and a further success for this important system. Nuclear submarines make a vital contribution to the defence of the UK, and SEA's External Communications System relays everything from family messages for the crew to critical mission orders. For SEA's technology to be used in such an important role is a clear demonstration of trust from our customer, and a testament to the skills and expertise of our engineers. This order improves our revenue visibility for the current year, building on the position set out in our recent announcement of results for 2012/13."

For further information, please contact

Cohort plc	Andrew Thomis, Chief Executive Simon Walther, Finance Director	[phone]
Investec	Keith Anderson, Daniel Adams	[phone]
MHP Communications	Reg Hoare, Vicky Watkins, Ben Griffiths	[phone]

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.

 

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