Cohort PLC Contract Announcement (9139C)
October 04 2018 - 1:00AM
UK Regulatory
TIDMCHRT
RNS Number : 9139C
Cohort PLC
04 October 2018
04 October 2018
Cohort plc
("Cohort" or "the Group")
Contract Announcement
EID awarded communication equipment contract
Cohort, the independent technology group, is pleased to announce
that its subsidiary EID has been awarded a contract worth EUR4.8m
to provide communication equipment for the Portuguese Army.
Under the terms of the contract, EID will supply communication
equipment for 139 VAMTEC 4x4 Light Armoured Tactical Vehicles over
the next two years. The contract follows an International
Competitive Tender issued by the NATO Support and Procurement
Agency (NSPA) on behalf of the Portuguese Ministry of Defence. The
competition was won by the Spanish vehicle manufacturer URO
Vehiculos Especiales S.A., with EID as subcontractor.
Andy Thomis, Chief Executive of Cohort, said:
"This win represents another addition to EID's long record of
success in providing military communication equipment to domestic
and export customers. The 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.
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END
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