Cohort subsidiaries EID and SEA receive new naval contracts
UK-based independent technology group Cohort's subsidiaries EID and SEA have secured new naval contracts.
EID has received a contract from the Portuguese Navy to deliver integrated communications systems to the Tejo-class coastal patrol vessels.
The new contract is valued at €4.6m and will see the company supply radio equipment and integrated communications control system (ICCS), as well as integrated engineering and logistic services.
EID will also be responsible for providing the navy with additional supplies for the second batch of the Viana do Castelo oceanic patrol vessels, which are currently under constructed in Portugal.
Additionally, SEA has secured a contract worth more than £5m from Hyundai Heavy Industries (HHI) to supply torpedo launcher systems for the Southeast Asian market as part of a separate development.
The torpedo launcher systems will be installed on new vessels being built by HHI.
The SEA system based on the product currently in service with the British Royal Navy, and will be delivered to the Royal Malaysian Navy and the Royal Thai Navy.
Cohort chief executive Andy Thomis said: “These are both important orders for the group. 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.”
Image: The first Viana do Castelo-class oceanic patrol vessel, P360. Photo: courtesy of ForumDefesa.com.