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Cobham secures contract extension

4th Sep 2014 07:00

RNS Number : 7865Q
Cobham plc
04 September 2014
 



4 September 2014

Cobham secures contract extension and introduces next generation charter aircraft

 

Cobham Aviation Services has secured a contract extension with Chevron Australia Pty Ltd to continue providing flights between Perth and Barrow Island in support of Chevron's operations and projects in Western Australia. 

 

Under the contract, which includes an initial order of approximately £33 million / AUD $60 million, with an estimated full value in excess of £88 million / AU$160 million through to 2020, Cobham will introduce an Embraer 190, the first of its type to be engaged in the Australian closed charter aviation sector.

 

This modern 104-seat aircraft will increase fuel efficiency, reduce time spent in the air and provide a new level of passenger comfort with two-by-two passenger seat configuration.

 

"The introduction of the Embraer 190 aircraft sets a new benchmark for dedicated charter services in Australia and will see Cobham continue to support Chevron's activities, including the Gorgon Project as it moves from construction to steady state operations," said Peter Nottage, Sector President of Cobham Aviation Services.

 

Since 2010, Cobham has provided charter services to Barrow Island complying with all regulatory measures in place to protect Barrow Island and its surrounds.

 

About Cobham

Cobham protects lives and livelihoods with its differentiated technology and know-how, operating with a deep insight into customer needs and agility. The Group offers an innovative range of technologies and services to solve challenging problems in harsh environments across commercial, defence and security markets, from deep space to the depths of the ocean, specialising in meeting the growing demand for data, connectivity and bandwidth.

 

Employing more than 10,000 people on five continents, the Group has customers and partners in over 100 countries, with market leading positions in: audio, video and data communications, including satellite communications; defence electronics; air-to-air refuelling; aviation services; life support and mission equipment.

 

About Cobham Aviation Services

Cobham Aviation Services provides specialist aviation solutions to defence, government and commercial customers under long-term performance-based contracts. This includes operating commercial passenger and freight aircraft in Australia for airline and resource industry clients, undertaking special mission operations for the Australian Government, the United Kingdom Ministry of Defence, and NATO, and delivering world class helicopter operations, training and support services. With a combined fleet of over 130 fixed and rotary wing aircraft, Cobham Aviation Services is a trusted partner worldwide.

 

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ENQUIRIES:

 

Investor Relations

Julian Wais +44 (0)1202 857998

Media Relations

Greg Caires +1 703 414 5310

 

Brunswick Group

Michael Harrison/Tom Williams +44 (0)20 7404 5959

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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