What Happened
UK Defence Technology Group Expands Order Book Amid Favourable Spending Backdrop
Cohort, a UK-based defence and security technology group, has announced a contract win, adding to its order book. The company’s federated structure, comprising specialist subsidiaries, allows for acquisitions to be absorbed without heavy integration. With European defence budgets on the rise, Cohort’s contract win may signal a favourable spending backdrop for the company. This update was first reported by Kalkine Media.