Cohort said its subsidiary SEA has been awarded a 15.1 million pounds contract which covers the production of SEA's lightweight Torpedo Launch Systems for a major naval vessel programme. The company said the work will commence immediately and is expected to complete in 2030. The contract will be delivered by SEA's Canadian subsidiary.
Andy Thomis, Cohort Chief Executive, said: "This contract is another significant win for SEA and will deliver an essential capability for the Royal Canadian Navy."
SEA's TLS is a rapid-reaction system capable of firing NATO standard lightweight torpedoes.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.