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Pin to quick picksCohort Share News (CHRT)

Share Price Information for Cohort (CHRT)

London Stock Exchange
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Share Price: 1,540.00
Bid: 1,534.00
Ask: 1,540.00
Change: 8.00 (0.52%)
Spread: 6.00 (0.391%)
Open: 1,506.00
High: 1,550.00
Low: 1,506.00
Prev. Close: 1,532.00
CHRT Live PriceLast checked at -

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IN BRIEF: Cohort wins GBP7 million anti-submarine warfare contract

Tue, 30th May 2023 09:47

Cohort PLC - Reading, England-based technology company serving defence and security sectors - Says subsidiary Systems Engineering & Assessment Ltd has won a GBP7 million contract to provide anti-submarine warfare capability on two vessels for the navy of an undisclosed South-East Asian state. SEA will partner with local subcontractors to install the new system, ensure knowledge transfer and conduct training. The contract will commence this month, and Cohort expects completion by the end of 2026.

Chief Executive Andy Thomis says: "This contract is a significant win for SEA and will deliver a modern anti-submarine warfare capability with lower size, weight, and power requirements than traditional systems, and with lower through-life costs. It also expands the group's presence in the strategically important Asia Pacific region. Together with other recent contract wins across the group, this contract further underpins our order book and enhances the visibility of future revenues."

Current stock price: 500.48 pence, up 1.1% in London on Tuesday morning

12-month change: down 3.4%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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23 May 2024 16:21

Cohort ends year slightly ahead of expectations

(Sharecast News) - Technology company Cohort said in a trading update on Thursday that its full-year performance was slightly ahead of expectations, with growth in both revenue and profits year-on-year.

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23 May 2024 14:56

TRADING UPDATES: Bloomsbury books profit jump; Braemar profit slips

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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3 May 2024 16:41

Director dealings: Cohort CEO makes share sale

(Sharecast News) - Cohort revealed on Friday that chief executive Andrew Thomis had disposed of 3,792 ordinary shares in the AIM-listed management consultant.

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26 Mar 2024 13:58

Cohort subsidiary strikes 10-year deal with UK Ministry of Defence

(Alliance News) - Cohort PLC on Tuesday said that its subsidiary, Systems Engineering & Assessment Ltd, has landed a contract from the UK's Ministry of Defence.

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19 Mar 2024 12:26

Cohort looks to future revenue as subsidiary wins GBP15.7 million deal

(Alliance News) - Cohort PLC on Tuesday said that its subsidiary, Chess Dynamics Ltd, has been given a contract to provide surveillance systems for Australia's Hunter class frigates.

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19 Mar 2024 11:16

Cohort wins £16m systems contract in Australia

(Sharecast News) - Cohort announced a landmark contract through its subsidiary Chess Dynamics on Tuesday, valued at £15.7m, with BAE Systems Maritime Australia for the provision of the advanced Sea Eagle surveillance systems.

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6 Feb 2024 15:48

UK dividends calendar - next 7 days

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29 Jan 2024 12:48

Cohort subsidiary wins £15.1m contract in Canada

(Sharecast News) - Cohort announced on Monday that its SEA subsidiary has secured a significant £15.1m contract for the production of its lightweight Torpedo Launch Systems (TLS), as part of a major naval vessel program.

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29 Jan 2024 11:04

IN BRIEF: Cohort wins torpedo launch systems deal with Canadian navy

Cohort PLC - Reading, England-based defence and security technology - Wins GBP15.1 million contract to provide torpedo launch systems to the Royal Canadian Navy. The rapid-reaction system is capable of firing a variety of NATO-standard lightweight torpedoes. The contract is signed by the Canadian subsidiary of Cohort's SEA arm. Work will start immediately and is expected to be completed in 2030. "Together with other recent contract wins across the group, this further underpins our order book and enhances the visibility of future revenues," says Cohort Chief Executive Andy Thomis.

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17 Jan 2024 18:34

IN BRIEF: Cohort non-executive director buys GBP81,795 in shares

Cohort PLC - Reading, England-based defence and security technology firm - Non-Executive Director Peter Lynas buys 15,000 shares at 545.3 pence each on Wednesday. Total aggregate value is GBP81,795.

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28 Dec 2023 15:54

UK dividends calendar - next 7 days

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13 Dec 2023 12:10

Cohort hails "record" order book as revenue and profit jump

(Alliance News) - Cohort PLC on Wednesday upped its interim dividend, thanks to growth in revenue and profit, as well as its "record" order book.

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7 Dec 2023 10:40

Cohort German subsidiary wins contract extension

(Sharecast News) - Technology group Cohort revealed on Thursday that its German subsidiary has been awarded a five-year follow-on contract worth €16.0m.

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6 Dec 2023 15:13

UK earnings, trading statements calendar - next 7 days

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5 Dec 2023 12:49

Cohort secures follow-on Italian Navy contract

(Sharecast News) - Technology company Cohort announced Tuesday that its German subsidiary ELAC has secured a 60-month follow-on contract worth €16m.

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