Cohort PLC Contract Announcement (1528Z)
13 December 2017 - 6:00PM
UK Regulatory
TIDMCHRT
RNS Number : 1528Z
Cohort PLC
13 December 2017
13 December 2017
Cohort plc
("Cohort" or "the Group")
Contract Announcement
MASS awarded extension to UK MOD contract
Cohort, the independent technology group, is pleased to announce
that, subject to contract, its subsidiary MASS has been awarded a
two-year contract extension by the UK Ministry of Defence to
provide training and exercise support to Joint Forces Command
(JFC). The extension is worth around GBP10m and will commence in
April 2018. The original contract, awarded following a competition
in November 2015, included an option to extend on these terms.
Under the contract MASS provides a comprehensive support service
for the design, development and delivery of joint force exercises,
together with a Contingent Capability Reporting and Standards
system and a Defence Exercise Planning tool. The team has carried
out this role since 2000, winning five successive competitive
tenders. Over the period we have provided effective training in the
range of military tasks from small-scale stabilisation operations
to full war-fighting.
Andy Thomis, Chief Executive of Cohort, said:
"This contract reinforces our position as a market leader for
large-scale, joint operational training and exercise support. We
are delighted that MASS will continue to work with the MOD's Joint
Forces Command, building on the Group's deep experience in training
and other key roles across defence. This contract award, together
with other recent wins, enhances the visibility of future Group
revenue."
Ends
For further information, please contact:
Cohort plc 0118 909 0390
Andy Thomis, Chief Executive
Simon Walther, Finance Director
Investec Bank Plc 020 7597 5970
Keith Anderson / Daniel Adams
MHP Communications 020 3128 8771
Reg Hoare / Ollie Hoare
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of four
innovative, agile and responsive businesses based in the UK and
Portugal, providing a wide range of services and products for
domestic and export customers in defence and related markets.
MASS is a specialist defence and technology business, focused on
electronic warfare, information systems and cyber security.
Acquired by Cohort in August 2006. www.mass.co.uk
MCL - an expert in sourcing, design and integration of
communications and surveillance technology, as well as support and
training 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 is an advanced electronic systems and software house
operating in the defence, transport and offshore energy markets.
Acquired by Cohort in October 2007.
www.sea.co.uk
EID designs and manufactures advanced communications systems for
the defence and security markets. Cohort acquired a majority stake
in June 2016. www.eid.pt
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 800 core staff there and at
its other operating company sites in Bristol, Cambridgeshire,
Devon, Lincolnshire, Somerset, Surrey, Scotland and Portugal.
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTUUUWRBWAUAAA
(END) Dow Jones Newswires
December 13, 2017 02:00 ET (07:00 GMT)
Cohort (LSE:CHRT)
Historical Stock Chart
From Apr 2024 to May 2024
Cohort (LSE:CHRT)
Historical Stock Chart
From May 2023 to May 2024