The latest announcement is out from Cohort plc ( (GB:CHRT) ).
Cohort plc announced that its subsidiary, Systems Engineering Assessment Ltd (SEA), has secured a significant 15-year contract worth £8 million with Thales UK as part of the Maritime Sensor Enhancement Team programme. This contract, which involves providing maintenance and support for the Royal Navy’s towed array handling equipment, reinforces SEA’s reputation as a reliable provider of advanced naval systems and strengthens Cohort’s long-term revenue visibility.
Spark’s Take on GB:CHRT Stock
According to Spark, TipRanks’ AI Analyst, GB:CHRT is a Outperform.
Cohort plc shows robust financial health and growth potential, supported by strategic corporate actions and a positive technical trend. While valuation is fair, continuous positive corporate developments and a solid financial foundation underpin the stock’s attractiveness in the aerospace & defense sector.
To see Spark’s full report on GB:CHRT stock, click here.
More about Cohort plc
Cohort plc is an independent technology group that operates through seven businesses across the UK, Australia, Germany, and Portugal, providing a variety of services and products for the defense and related markets. The company is listed on London’s Alternative Investment Market and is organized into two divisions: Communications and Intelligence, and Sensors and Effectors.
YTD Price Performance: 26.27%
Average Trading Volume: 164,616
Technical Sentiment Signal: Sell
Current Market Cap: £620.3M
For detailed information about CHRT stock, go to TipRanks’ Stock Analysis page.