IN BRIEF: Cohort hails subsidiary receiving PS14.0 million contract

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Cohort PLC - Reading, England-based technology company - Announces that its subsidiary Marlborough Communications Ltd has been awarded a contract with a total value of £14.0 million by a UK government customer for immediate delivery of uncrewed air systems. The contract includes an in-service support for two years.

Cohort Chief Executive Andrew Thomis says: ‘These valuable orders demonstrate the strength of MCL’s relationships with its UK customers. Its highly skilled and knowledgeable team has a proven track record of combining the latest innovations in technology with expert engineering to meet urgent defence needs. These latest contracts, combined with other recent orders across the group, further enhance our order book and the visibility of future revenues. Sufficient orders have now been secured to underpin fully the group’s 2025/26 financial year consensus forecast revenue.’

Current stock price: 1,152.00 pence each, down 2.2% on Friday noon in London

12-month change: up 0.2%

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