Cohort scores £11.1m worth of extensions to military contracts

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Sharecast News | 02 Oct, 2019

Independent technology group Cohort has scored more than £11m worth of extensions to its military support contracts.

Cohort said on Wednesday that its wholly-owned subsidiary, MASS Consultants, had been awarded five military support contract extensions with a combined value of approximately £11.1m.

The AIM-listed firm said the contracts were expected to be delivered over the next three years.

Chief executive Andy Thomis said: "I am delighted to confirm that we will be providing additional support for these important military contracts.

"Together with other recent wins across the group, these contracts will enhance the visibility of future group revenue."

As of 1020 BST, Cohort shares had ticked up 0.19% to 515p.

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