Cohort (CHRT) revealed that its subsidiary MCL (Marlborough Communications Ltd) has been awarded two contracts by the Ministry of Defence (MoD) to supply and support hearing protection systems, worth a combined £5.5m to the defence contractor.
One contract is a secondary order worth £3.2m for tactical hearing protection systems utilised by the Royal Air Force and Royal Navy, the other a new five-year £2.3m deal to provide ear communications devices for RAF pilots and air crew.
Cohort is building momentum through awards on existing channels and new business starts. These two further contracts bring the value of recent contract awards to around £30m. We're expecting a second-half revenue boost from the group's systems engineering and assessment business, although attention will centre on the business mix and the resultant impact on margins for its April year-end results due out at the end of this month.
