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Aerospace

Cohort wins €33mln contract with NATO

Cohort PLC (AIM:CHRT)'s subsidiary EID has been awarded a €33 million (£27.7 million) contract by the NATO Communications and Information Agency.

It will see the company supply the Portuguese Army with a Tactical Deployable Communication and Information System (TDCIS), over a three-year contract period.

“Together with recent contracts to provide its Integrated Communications System to Damen for the Portuguese Navy´s Multi-Purpose Vessel (MPV) and to the Chilean Navy, this win takes our order intake to over €45m in the last four months,” chief executive Andy Thomis said in a statement.

In London, the AIM-quoted firm’s shares rose by 35p or 4.35% to trade at 845.22p each.

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