Cohort plc is a UK-based defense technology company specializing in delivering advanced solutions across defense, security, transport, and related sectors. Established in 2006, Cohort operates through a group of subsidiaries, each contributing specialized expertise to the company's comprehensive portfolio.
Key Strategic Focus
Cohort's strategic focus centers on providing mission-critical systems and services tailored to the defense and security markets. The company emphasizes innovation in electronic warfare, surveillance, communications, and sonar technologies. Its subsidiaries, including Chess Dynamics, EID, ELAC SONAR, MASS, MCL, and SEA, enable Cohort to address a broad spectrum of defense requirements, from advanced surveillance systems to secure communication networks.
Financials and Funding
As of the fiscal year ending 2024, Cohort reported revenues of £202.5 million, with a gross profit of £84.0 million and a net income of £15.3 million. The company's order book stood at £329.1 million in FY 2023, reflecting a 13.1% increase from the previous year. Cohort's market capitalization was approximately £359.9 million as of October 16, 2024. The company is publicly traded on the London Stock Exchange under the ticker symbol CHRT.
Technological Platform and Innovation
Cohort's subsidiaries contribute to its technological prowess:
- Chess Dynamics: Specializes in surveillance and fire control systems for demanding environments.
- EID: Designs and manufactures advanced communication systems for naval and military applications.
- ELAC SONAR: Provides advanced sonar systems and underwater communications for the naval sector.
- MASS: Focuses on data technology, including electronic warfare, digital services, and training support.
- MCL: Develops advanced electronic and surveillance technologies.
- SEA: Delivers technology-based products for defense and transport markets, alongside specialist research and training services.
Leadership Team
- Andrew Thomis: Chief Executive Officer
- Nick Prest: Chairman
- Simon Walther: Finance Director
- Raquel McGrath: Company Secretary and General Counsel
Competitor Profile
Cohort operates in the competitive aerospace and defense industry, contending with companies such as Ultra Electronics, QinetiQ, Parker Meggitt, and EWA Government Systems. These competitors offer a range of defense and security solutions, from mission-critical systems to advanced engineering components.
Strategic Collaborations and Partnerships
Cohort's subsidiaries engage in various collaborations to enhance their technological capabilities and market reach. For instance, partnerships in electronic warfare and sonar technologies have bolstered the company's offerings in these specialized areas.
Operational Insights
Cohort's diversified subsidiary structure allows it to address multiple facets of defense and security needs, providing a competitive edge through specialized expertise and innovative solutions.
Strategic Opportunities and Future Directions
Cohort aims to expand its market presence by leveraging its subsidiaries' strengths, investing in research and development, and pursuing strategic acquisitions to enhance its technological capabilities and service offerings.
Contact Information
Note: Specific contact details such as address, phone number, and email are not provided in this profile.
