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An update from Cohort plc ( (GB:CHRT) ) is now available.
Cohort plc’s subsidiary, MASS Consultants Ltd, has secured a two-year extension to the Joint Command and Staff Training (JCAST) contract with UK Strategic Command. This extension, valued at over £17.5 million, solidifies MASS’s role as a key service provider, reinforcing its reputation for delivering high-quality support in defence training. This contract extension highlights Cohort’s strategic positioning in the defence sector, enhancing its operational stability and affirming its trusted relationship with UK defence authorities.
More about Cohort plc
Cohort plc is a technology group with headquarters in Reading, UK, and employs over 1,500 staff across its subsidiaries in the UK, Australia, Germany, and Portugal. It provides a range of services and products in the defence and related markets, and is listed on London’s AIM. The group comprises two segments: Communications and Intelligence, which includes companies like EID, EM Solutions, MASS, and MCL, and Sensors and Effectors, which includes Chess Dynamics, ELAC SONAR, and SEA.
YTD Price Performance: -0.46%
Average Trading Volume: 161,808
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £488.5M
Find detailed analytics on CHRT stock on TipRanks’ Stock Analysis page.
