Cohort subsidiaries EID and SEA win two new contracts in Portugal and Southeast Asia
The Portuguese Navy awarded a €4.6million ($5.4million) contract to Cohort’s subsidiary, EID, for the supply of Integrated Communication systems to the TEJO-class coastal patrol vessels. It includes the supply of radio equipment, Integrated Communication Control Systems (ICCS), integration engineering and logistic services, as well as additional supplies for the second batch of the VIANA DO CASTELO-class oceanic patrol vessels, which are currently being built in Portugal by Estaleiros Navais de Viana do Castelo (ENVC) and West Sea Shipyards.
Simultaneously, Hyundai Heavy Industries (HHI) awarded another Cohort subsidiary, SEA (Systems Engineering and Assessment), a £5million ($6.6million) contract for the supply of Torpedo Launcher Systems (TLS) for the Southeast Asian market. The new systems will be fitted to new ships currently being built by HHI.
SEA’s TLS is based on the product in service with the UK Royal Navy and its configuration is unique: it can fire any NATO standard lightweight torpedo. This affords SEA’s customers the opportunity to choose the best weapon independently and leaves room for potentially switching during the life of the ship. The system is currently being supplied to the Royal Malaysian Navy and the Royal Thai Navy.
“These are both important orders for the Group,” said Andy Thomis, Chief Executive Officer of Cohort. “For SEA, the order is a demonstration of the international competitiveness of its torpedo launch system and its growing position as a supplier of naval systems to the important Southeast Asian region. For EID this is an affirmation of its importance to, and close relationship with, the Portuguese armed forces. Together they contribute to improved visibility of revenue in the current financial year and beyond.”
Dr. Alix Valenti