Business
Contract Announcement
Cohort PLC announced that its Portuguese subsidiary, EID, has secured a €42.3 million contract to supply Integrated Communication Systems and Networks to the Portuguese Navy for its new fleet, with deliveries scheduled through 2029. This significant award, which enhances the Group's order book and future revenue visibility, follows a recent contract win by EM Solutions and underscores Cohort's strong relationship with the Portuguese Navy and its role in supporting their modernization efforts. Disclaimer*
About this update from Cohort Plc
One Waterside Drive Arlington Business Park Reading Berks RG7 4SW 26 March 2026 COHORT PLC ("Cohort", "the Company" or "the Group") CONTRACT ANNOUNCEMENT EID awarded €42.3M contract For Portugal Cohort, the independent technology group, is pleased to announce that its Portuguese subsidiary EID has been awarded a contract with a value of €42.3M to deliver Integrated Communication Systems (ICS) and Networks to the Portuguese Navy. The systems will be used in the Navy's new fleet, including Supply and Offshore Patrol Vessels. Delivery will take place over the period to 2029. Andy Thomis, Cohort Chief Executive, said: "The award of this contract underlines EID's position as a trusted provider of integrated communications systems that enhance maritime security and operational effectiveness. "Together with the recent contract win announced by EM Solutions for satellite communications terminals it demonstrates the strength of Cohort Group's relationship with the Portuguese Navy. We are proud to support their modernisation programme with capabilities across the Group that align with their evolving operational requirements. "This contract further underpins our order book and enhances the visibility of future revenues." ENDS For further information please contact: Cohort plc 0118 909 0390 Andrew Thomis, Chief Executive Simon Walther, Finance Director Kellie Young, Group Head of Investor Communications Investec Bank Plc (NOMAD and Broker) 020 7597 5970 Carlton Nelson, Christopher Baird MHP 07817 458 804 Reg Hoare, Ollie Hoare, Hugo Harris [email protected] NOTES TO EDITORS Cohort plc (www.Cohortplc.com) is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has headquarters in Reading, Berkshire and employs in total over 1,600 core staff there and at its other operating company sites across the UK, Australia, Canada, Italy, The Netherlands, Germany and Portugal. The Group reports through two segments - Communications and In...