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Cobham Awarded UK MoD Contract Extension

23 May 2013 07:00

RNS Number : 3132F
Cobham plc
23 May 2013
 



23 May 2013

Cobham Awarded £165m UK MoD Contract Extension for Air Support Services

 

Cobham plc ('Cobham') has been awarded a five year base contract extension worth £165m by the UK MoD for essential operational readiness training, with an anticipated value of some £200m through to 2019.

 

The contract builds on a 25 year partnership with the Royal Navy and Royal Air Force, using Cobham's extensive understanding of front-line needs and technology know-how to provide training to service personnel operating platforms including the Eurofighter Typhoon and Type 45 Destroyer. While most of the flying is conducted in UK airspace, a number of the MoD's overseas detachments are also supported in regions such as North America and the Middle East.

 

Commenting on the contract, Cobham Chief Executive Officer, Bob Murphy said:

"We have successfully adapted our operational readiness training to meet the needs of the Armed Forces through to the end of 2019, using the extensive technology and know-how we have developed since the service was first introduced in the mid 1980s. We look forward to further developing this highly effective partnership with the MoD."

 

About Cobham

Cobham protects lives and livelihoods with its differentiated technology and know-how, operating with a deep insight to customer needs and agility. The Group offers an innovative range of technologies and services to solve challenging problems across commercial, defence and security markets, from deep space to the depths of the ocean. It has market leading positions in air-to-air refuelling; aviation services; audio, video and data communications, including satellite communications; defence electronics; life support and mission equipment. The most important thing Cobham builds is trust.

 

 

 

About Cobham Aviation Services

Cobham Aviation Services provides specialist aviation solutions to Defence, Government and major commercial customers under long term performance based contracts. This includes operating the largest civil maritime surveillance contract in the world for the Australian Government, contracted airline services for Qantas and fly in fly out services for numerous major resource industry clients across Australia, modern battle space air warfare training for the UK armed forces and NATO, providing air traffic control radar display software and navigation aid calibration services to leading UK and European airports and with partner Bristow Helicopters training all helicopter pilots for the UK's Navy, Air Force and Army through entity FB Heliservices. With a combined fleet of over 130 fixed and rotary wing aircraft, Cobham Aviation Services is a trusted partner worldwide.

- ends -

ENQUIRIES

 

Cobham plc

Julian Wais, Director of Investor Relations +44 (0)1202 857998

Greg Caires, VP Media Relations +1 703 414 5310

 

 

Brunswick

Michael Harrison/Will Carnwath +44 (0)20 7404 5959

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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