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Cohort PLC - Reading, England-based technology firm is the parent company of businesses operating in the defence sector - Wholly owned subsidiary Chess Dynamics wins three contracts for air defence systems produced by Rheinmetall Air Defence AG, totalling more than £25 million. Chess will provide electro-optical tracking surveillance systems and multi-sensor units. Work will begin immediately, and deliveries will continue out to 2028. Chief Executive Andy Thomis says: ‘This order once again demonstrates Chess’ position as a trusted supplier of robust surveillance and tracking systems. We are pleased to have established this important partnership with Rheinmetall Air Defence, one of the world’s leading suppliers of ground based air defence systems, and we look forward to a long and successful relationship.’ Current stock price: 848.00 pence 12-month change: up 66% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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