Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Contract Extension

2nd May 2007 07:00

Cobham PLC02 May 2007 #2072 May 2007 COBHAM SECURES £9M CONTRACT EXTENSION FOR CYPRUS OPERATION Cobham plc ('Cobham') is pleased to announce that Cobham Flight Operations andServices joint venture, FB Heliservices (FBH), has secured a £9m contractextension to provide helicopters and support to British Forces Cyprus and theSovereign Base Areas Administration. Following a successful first four years ofoperation, the UK Ministry of Defence has exercised options to extend thecontract until 31 March 2010. The contract was originally won under competitionin 2002. Under the contract, FBH provides four highly modified COMR (Civil Owned MilitaryRegistered) Bell 412EP helicopters together with associated engineering andlogistics support. The helicopters provide a wide range of services includingSearch and Rescue, Casualty/Medical Evacuation (CASEVAC/MEDIVAC), Fire Fightingand Passenger/Troop/Freight Carriage. The helicopters are also used to supportoverseas training exercises. Allan Cook, Cobham's Chief Executive, commented:"I am pleased that we have been able to extend our relationship with the UK MoDto operate and support four aircraft in Cyprus. FB Heliservices has secured morethan £70m of orders this year, consolidating its position as a trusted, leadingsupplier in the helicopter provision and support services market." ENQUIRIES Cobham plcAllan Cook, Chief Executive +44 (0)1202 882020Warren Tucker, Group Financial Director +44 (0)1202 882020Julian Wais, Director of Investor Relations +44 (0)1202 857998Julian Hellebrand, Group Director of Communications +44 (0)1202 857651 Weber Shandwick FinancialSusan Ellis/Kirsty Raper +44 (0)20 7067 0700 NOTESCobham plc is an international company engaged in the development, delivery andsupport of advanced aerospace and defence systems for land, sea and airplatforms. The company has five technology divisions and one in the servicesector that collectively specialise in the provision of components, subsystemsand services that keep people safe, improve communications and enhance theperformance of aerospace and defence platforms. Cobham Flight Operations & Services operates more than 150 fixed and rotary wingaircraft around the world. It operates the largest civil maritime surveillancecontract in the world, covering more than 37,000km of coastline, and trains allUK helicopter pilots for the Navy, Air Force and Army. The group provides modernbattlespace air warfare training and essential flight inspection services forcivil and military airports in the UK, Europe and beyond. It also specialises inthe conversion and support of a wide range of civil and military platformsincluding the Nimrod MRA2, R1 and Sentry E3-D fleets, and operates a fleet ofaircraft providing passenger and freight services. FB Heliservices (FBH) is a joint venture between Bristow and aerospace anddefence specialist, Cobham plc. FBH provides all the helicopters for the DefenceHelicopter Flying School and trains more than 220 aircrew each year for the RAF,Royal Navy and Army in the UK, Belize and Brunei. It also provides a search andrescue capability in Cyprus and search and rescue training at RAF Valley inNorth Wales. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Cobham
FTSE 100 Latest
Value8,463.46
Change46.12