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Sparton and Ultra Electronics JV Awarded $4.1M in Contracts
October 25, 2016 | Business WireEstimated reading time: 1 minute
Sparton Corp. and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc, announce the award of subcontracts valued at $4.1 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts represent the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $2.1 million to Ultra Electronics USSI and $2 million to Sparton De Leon Springs LLC. Production will take place at Ultra Electronics USSI's facility in Columbia City, Indiana, and Sparton's facility in De Leon Springs, Florida.
ERAPSCO/SonobuoyTech Systems were awarded these contracts for passive and active sonobuoys that are used for detection, classification, and localization of adversary submarines during peacetime and combat operations.
About Sparton Corporation
Sparton Corporation (NYSE:SPA), now in its 117th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace and Industrial & Commercial. Headquartered in Schaumburg, Illinois, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide.
About Ultra Electronics
Ultra Electronics is a group of businesses which manage a portfolio of specialist capabilities, generating highly differentiated solutions and products in the defence & aerospace, security & cyber, transport and energy markets by applying electronic and software technologies in demanding and critical environments to meet customer needs.
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