Cohort plc (GB:CHRT) has released an update.
Cohort PLC, an AIM-listed technology group, has announced that its subsidiary EID won a significant €33 million contract to provide the Portuguese Army with a Tactical Deployable Communication and Information System, in line with NATO standards. The contract will see deliveries over the next three years, bolstering EID’s order book to over €45 million accumulated in the past four months from various defense contracts. This development reflects Cohort’s continued expansion and fortification of its market presence in defense communications technology.
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