TIDMCHRT

RNS Number : 4944Y

Cohort PLC

07 September 2022

 
 One Waterside Drive 
  Arlington Business Park 
  Reading 
  Berks 
  RG7 4SW 
 
 
 
  07 September 2022

COHORT PLC

("Cohort" or "the Group")

SEA AWARDED UPGRADE CONTRACT WITH MOD

Cohort plc, the AIM listed technology group, is pleased to announce that its subsidiary SEA (Systems Engineering and Assessment Ltd) has been awarded a new contract worth around GBP34m with the UK MOD, to provide systems and equipment upgrade of the Anti-Submarine Warfare and countermeasures systems on some of the platforms crucial to the Royal Navy. Under the contract SEA will also provide in-service support for these systems across the naval fleet for a period of five years with the option to further extend for two years.

Andy Thomis, Cohort Chief Executive said, "This order is a clear demonstration of the strong relationship between SEA and the UK MOD, and further cements SEA's position as a leading supplier of maritime defence systems to navies across the globe. Together with other recent contract wins across the Group, this order further strengthens our order book and enhances the visibility of future revenues."

For further information on SEA, please visit: www.sea.co.uk

For further information on Cohort plc please visit: cohortplc.com

ENDS

For further information please contact:

 
 Cohort plc                                0118 909 0390 
 Andy Thomis, Chief Executive 
 Simon Walther, Finance Director 
  Raquel McGrath, Company Secretary 
 
 Investec Bank Plc (NOMAD and Broker)      020 7597 5970 
 Daniel Adams, Christopher Baird 
 
 MHP Communications                        020 3128 8276 
 Reg Hoare, Ollie Hoare, Pete Lambie     cohort@mhpc.com

NOTES TO EDITORS

Cohort plc ( www.cohortplc.com ) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets. A majority stake was acquired by Cohort plc in December 2018. www.chess-dynamics.com

EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a

majority stake in June 2016.   www.eid.pt

ELAC SONAR supplies advanced sonar systems and underwater communications to global customers in the naval

marketplace.  Acquired by Cohort in December 2020.   www.elac-sonar.de

MASS is a specialist data technology company serving the defence and security markets, focused on electronic warfare, digital services and training support. Acquired by Cohort in August 2006. www.mass.co.uk

MCL designs, sources and supports advanced electronic and surveillance technology for UK end users including the MOD and other government agencies. MCL has been part of the Group since July 2014. www.marlboroughcomms.com

SEA delivers and supports technology-based products for the defence and transport markets alongside specialist research and training services. Acquired by Cohort in October 2007. www.sea.co.uk

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total over 1,000 core staff there and at its other operating company sites across the UK, Germany and Portugal.

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END

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September 07, 2022 02:00 ET (06:00 GMT)

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