04 July 2013
Cohort plc
("Cohort" or "the Group")
Cohort SCS Wins £4.1 million MoD Airworthiness Contract
Cohort, the independent technology group, is pleased to announce that its subsidiary SCS has won a contract to provide airworthiness support to the UK MOD's Lightning Project Team (LPT), valued at £4.1 million.
The contract will run for two years from 1 July 2013, with options for two six-month extensions, and is intended to ensure that the F-35 Joint Strike Fighter (Lightning II) is delivered into service as a safe and effective aircraft. To demonstrate the F-35 Lighting II's airworthiness to the UK authorities, the LPT requires independent expert technical support provided by Suitably Qualified and Experienced Personnel (SQEP) to reinforce certification, acceptance and integration. This work will be delivered under the new contract, through the technical support of up to 25 SCS SQEP experts across a wide range of disciplines.
Andrew Thomis, Chief Executive Officer, Cohort plc said:
"This is a valuable contract for Cohort which reinforces SCS's reputation for providing fast and responsive support. Despite the tight UK defence market the Group continues to make good progress on the back of its strong and relevant capabilities and established positions on some key long term UK MOD programmes.
"This order improves our revenue visibility for the current year, building on the position set out in our recent announcement of results for 2012/13."
For further information, please contact
Cohort plc |
Andrew Thomis, Chief Executive Simon Walther, Finance Director |
+44 (0)118 909 0390 |
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Investec |
Keith Anderson, Daniel Adams |
+44 (0)20 7597 5970 |
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MHP Communications |
Reg Hoare, Vicky Watkins, Ben Griffiths |
+44 (0)20 3128 8100 |
Cohort plc (www.cohortplc.com) (@Cohortplc)
Cohort is an independent technology group working primarily for defence (air, land and sea), wider government and industry clients, through three market-facing subsidiary companies:
Ÿ MASS (www.mass.co.uk) - a specialist systems house with considerable experience in the defence market and a focus on information systems. Based in Cambridgeshire, MASS was acquired by Cohort in August 2006;
Ÿ SCS (www.scs-ltd.co.uk) - a defence technical advisory business, combining technical expertise with practical experience and domain knowledge. Owned by Cohort since flotation in March 2006;
Ÿ SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development capability operating in the defence, space and transport market 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 Berkshire and employs in total around 500 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Lincolnshire and Somerset.
