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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Cobham plc    COB   GB00B07KD360

COBHAM PLC

(COB)
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117.8 GBp   -0.88%
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Cobham : Awarded GBP50M+ for NATO Electronic Warfare Pod Systems; Cobham to provide Air and NATO Anti-Ship Missile Defence Evaluation Facility (NASMDEF) Systems to Leonardo for NATO JEWCS.

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02/05/2019 | 10:49am EDT

Cobham has secured a GBP50M+ contract to supply Electronic Warfare (EW) training pods for NATO as part of the NATO Joint Electronic Warfare Core Staff (JEWCS) capability package.

Contracted to Leonardo, Cobham will deliver the full Air and NATO Anti-Ship Missile Defence Evaluation Facility (NASMDEF) systems. In the air environment, the highly effective Cobham pods will provide complex and realistic EW training through radar and communications jamming as well as threat simulation. The NASMDEF system is the first of its kind within NATO to provide next generation capability for anti-ship missile defence. Both EW training systems are designed to meet the evolving threat environment in which NATO JEWCS operates, enabling NATO forces to remain operationally ready to react to current and emerging threats.

With a strong pedigree in delivering operational readiness training for over 30 years to military forces across the globe, Cobham has a proven record for supplying bespoke EW training pods which produce accurate, reliable and realistic training.

Paul Armstrong Senior VP and General Manager said: 'We are delighted to have secured this contract which demonstrates Cobham's extensive experience delivering EW training and supporting pod technology. We have been developing our latest pods to meet the increasingly sophisticated, ever changing and future threats faced in contested environments. Cobham is committed to working with Leonardo to provide NATO with the latest generation training and technology solutions to support effective operations with the electronic warfare environment.'

About Cobham Aviation Services

Protecting borders, saving lives and enhancing the effectiveness of defence personnel.

We combine state-of-the-art technology with complex air platforms to deliver customised airborne surveillance, operational readiness training and search and rescue services.

Our end-to-end capabilities benefit government and military customers with responsive and cost-effective turn-key solutions for optimal mission performance.

About Cobham

Cobham offers an innovative range of technologies and services to solve challenging problems in commercial, defence and security markets, from deep space to the depths of the ocean.

We employ around 10,000 people primarily in the USA, UK, Europe and Australia, and have customers and partners in over 100 countries, with market leading positions in: wireless, audio, video and data communications, including satellite communications; defence electronics; air-to-air refuelling; aviation services; life support and mission equipment.

Enquiries

Cobham plc

Charles Harrowing

Head of Global External Communications

T : +44 (0) 1202 882020

Cobham Aviation Services

John Corner

Business Development Manager

T : +44 (0) 1202 409000

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (GBP)
Sales 2019 1 944 M
EBIT 2019 218 M
Net income 2019 85,5 M
Debt 2019 57,4 M
Yield 2019 1,11%
P/E ratio 2019 34,6x
P/E ratio 2020 25,3x
EV / Sales2019 1,48x
EV / Sales2020 1,38x
Capitalization 2 818 M
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Technical analysis trends COBHAM PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 126,00  GBp
Last Close Price 118,85  GBp
Spread / Highest target 26,2%
Spread / Average Target 6,02%
Spread / Lowest Target -9,97%
EPS Revisions
Managers
NameTitle
David C. Lockwood Chief Executive Officer & Executive Director
Michael Peter Wareing Non-Executive Chairman
Chris Shaw Chief Operations Officer
David Anthony Mellors Chief Financial Officer & Executive Director
Alison J. Wood Independent Non-Executive Director
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