Manufacturing Today Issue - 226 July 2024 | Page 76

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Collective capability

How Cohort PLC stays agile to overcome increased global threats

Cohort was founded in 2006 with the aim of creating a publicly quoted defense technical services business that ’ s independent , flexible , and cost-effective . Aspiring to build a group of small to medium companies that can provide advanced technology and technological services to defense , security and related industries , Cohort now owns six businesses with these capabilities . CEO , Andrew Thomis explains how its strategy of organic growth and acquisitions has led to an evolution of focus from technical advisory services to an increasing number of products in the portfolio .

The strategy of pursuing small to medium sized businesses for acquisition works well in the defense space . As Andrew points out , research has shown small to medium enterprises ( SMEs ) are better able to innovate and operate with agility . These traits are fundamental to achieving success in the defense arena , where threats and subsequent solutions are constantly evolving .
In a time where global tensions are running high and conflicts around the world are impacting global trade , there is an increased demand for sophisticated defense technologies .
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