Cohort subsidiary secures Italian submarine contract extension
(Sharecast News) - Technology company Cohort announced on Thursday that its German subsidiary ELAC Sonar has been awarded a €16.4m contract amendment.
Read more(Sharecast News) - Technology company Cohort announced on Thursday that its German subsidiary ELAC Sonar has been awarded a €16.4m contract amendment.
Read moreCohort PLC - Reading, England-based technology firm - Says its German subsidiary, ELAC Sonar GmbH, has received a contract amendment to the value of EUR16.4 million, for the delivery of a sonar system to an additional unit of the Italian Navy's new build submarine programme. The amendment brings the 2021 contract's total value up to EUR100 million, and covers the supply of sonar systems to four submarines.
Read moreCohort PLC - Reading, England-based technology firm - Says acquisition of EM Solutions Pty Ltd is now expected to complete by the end of February. It previously announced the acquisition would complete before the end of the calendar year. It expects any change in the net contribution from the acquisition in the year to the end of April to be immaterial. Cohort previously announced it had agreed to buy EM Solutions for AUD144.0 million, about GBP75 million at the time.
Read more(Sharecast News) - Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Read more(Alliance News) - Cohort PLC on Wednesday reported record half-year results and hiked its interim dividend, as geopolitical instability drove increased defence spending.
Read more(Sharecast News) - Independent technology company Cohort reported record half-year results on Wednesday, with significant growth in revenue, profit, and its order book.
Read more(Alliance News) - The FTSE 100 is called to open lower on Wednesday, ahead of a US consumer price inflation, which lands a week before the Federal Reserve's final rate call of the year.
Read more(Alliance News) - Cohort PLC on Tuesday said it has raised GBP41 million from an offering of shares to institutional and retail investors, with the money to be used toward a defence-sector acquisition in Australia.
Read more(Sharecast News) - Cohort announced the acquisition of EM Solutions for AUD 144m (£75m) on Thursday, in a deal expected to close by the end of the year.
Read moreCohort PLC - Reading, England-based technology firm is the parent company of businesses operating in the defence sector - Wholly owned subsidiary Chess Dynamics wins three contracts for air defence systems produced by Rheinmetall Air Defence AG, totalling more than GBP25 million. Chess will provide electro-optical tracking surveillance systems and multi-sensor units. Work will begin immediately, and deliveries will continue out to 2028.
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