RNS Number : 9458H
Cohort PLC
12 November 2008
12 November 2008
Cohort plc
SEA secures £5m UK and overseas orders
Cohort plc, a leading independent technology group, today announces that SEA, its wholly owned subsidiary company, has been awarded contracts to the value of £5.4m. The contracts reflect the operational and international diversity of SEA’s business portfolio, with two from the UK Ministry of Defence, and one each from the French Defence Ministry, Japanese Government and Network Rail.
UK Ministry of Defence:
· a contract for two elements of the software-based Common Simulation Framework (CSF) Project, supporting the Joint Battlefield Training and Synthetic Environments Integrated Project Team. Valued at circa £1.6 million, the high-profile software project will deliver core capability into Army training and simulation.
· a key research contract for the development of a warship radar detection technology demonstrator, aimed at enhancing the UK’s maritime electronic warfare capability. Valued at £1.75m, SEA is being supported by MASS, another Cohort Group company.
French Defence Ministry:
· through their French agent ITER, SEA will support GESMA, the underwater research arm of the French Defence Ministry, by providing assembly and partial engineering of an underwater vehicle-mounted advanced sonar for hunting mines buried below the seabed. SEA will develop the sonar's data acquisition and control system mounted on the vehicle. Contract valued at circa £850k.
Japanese Government:
· SEA’s Aerospace division has started work on a millimetre wave mechanism and electronics destined for incorporation in the Japanese Cloud Profiling Radar (CPR) Instrument. The CPR instrument will be part of the joint Europe-Japan EarthCARE satellite mission which is scheduled for launch in 2013. Contract valued at up to circa £700k.
Network Rail:
· SEA’s Transport division has secured a contract from Network Rail for the design, development and delivery of the Exceptional Load Management Train Routing Enquiry Engine (ELMTREE). SEA will produce a software tool that will enable Network Rail to fulfil its business targets for the responses to Freight Operating Companies requests to run exceptional load traffic over the network. Valued at circa £0.5m.
Stanley Carter, Chief Executive of Cohort plc, said: “SEA continues to demonstrate its strong technical capability by winning strategically important business, against competition from some of the world’s largest companies.”
For further information please contact:
Cohort plc
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014 9184 3150
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Stanley Carter, Chief Executive
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Simon Walther, Finance Director
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Investec Investment Bank
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020 7597 5970
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Michael Ansell
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Hogarth Partnership Limited
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020 7357 9477
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Julian Walker, Andrew Jaques, Vicky Watkins
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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.
• SCS (www.scs-ltd.co.uk) - an independent technical and advisory consultancy, combining theory with practical experience, primarily in the defence and security sectors.
• SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development for a broad range of high integrity signal processing and back office capabilities in the defence, aerospace, transport and offshore 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 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
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