IN BRIEF: Cohort wins PS15.7 million contract for countermeasures

Cohort PLC - Reading, England-based technology company - Says its wholly-owned subsidiary Mass has been awarded a four-year contract to provide airborne countermeasures and associated services to a UK defence prime contractor for an ‘international end customer’. It says the contract is worth £15.7 million.

‘This contract is another example of Mass’s world-leading reputation for countermeasures development, highlighting its unique position in the spectrum warfare sector,’ says Cohort Chief Executive Andy Thomis. ‘Together with other recent contract wins across the group, including the £60 million of orders referenced in our [annual general meeting] announcement on September 25, this success further enhances the visibility of our future revenues.’

Current stock price: 1,369.40 pence, down 0.2% on Tuesday afternoon in London

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