Cobham plc (COB.L) said it won a five year base contract extension worth 165 million pounds by the UK MoD for essential operational readiness training, with an anticipated value of about 200 million pounds through to 2019.
Accordingly, the contract builds on a 25 year partnership with the Royal Navy and Royal Air Force, using Cobham's extensive understanding of front-line needs and technology know-how to provide training to service personnel operating platforms including the Eurofighter Typhoon and Type 45 Destroyer.
Cobham added that a number of the MoD's overseas detachments are also supported in regions such as North America and the Middle East.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.