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Cohort wins £17.5m defence tech contract
(Sharecast News) - AIM-listed tech group Cohort has announced a contract win for a major defence programme worth £17.5m.
The company said its Systems Engineering & Assessment division would be providing an external communications system over a period of 32 months to an unnamed UK customer.
"This contract is another significant win for SEA and will deliver essential communications capability to our customer's programme," said Cohort chief executive Andy Thomis.
"It builds upon SEA's long-standing reputation and record of successful performance in this technology area. Together with other recent wins across the group, this contract further underpins our order book and enhances the visibility of future revenues."
Cohort, based in Reading, runs six separate businesses in the communications and intelligence, and sensors and effectors sectors, and employs over 1,000 people across the UK, Germany and Portugal.
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