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Sparton-Ultra Electronics JV Lands $53.7M U.S. Navy Sonobuoy Contract
March 29, 2016 | Sparton Corp.Estimated reading time: 1 minute
Ultra Electronics Holdings plc (ULE) and Sparton Corp. announce the award of subcontracts valued at $53.7 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY16 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract. ERAPSCO will provide production subcontracts in the amount of $26.1 million and $27.6 million to Ultra Electronics USSI and Sparton De Leon Springs, LLC respectively. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility and is expected to be completed by September 2017.
“I am pleased that we have secured this important contract that will continue to provide critical sensor capabilities to the US Navy. This contract is a reflection of the increased focus on anti-submarine warfare and the US Navy’s commitment to providing key technology for this important mission,” stated Rakesh Sharma, Chief Executive of Ultra Electronics.
Interim President and Chief Executive Officer of Sparton Corporation, Joseph Hartnett, elaborated by stating, “We are grateful for the confidence the US Navy has demonstrated in Sparton by awarding this contract. We remain committed to delivering high performance product solutions to enable their success in undersea warfare missions today and in the future.”
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Sparton Awarded More Than $106 Million Through Naval Air System Command
07/29/2024 | Sparton Corp.Sparton DeLeon Springs, LLC (Sparton), an Elbit Systems of America Company, has been awarded a Sole Source Firm Fixed Priced IDIQ Contract in the amount of $213,450,800.00 with a Directed Order for FY 2024 of $106,391,400.
Sparton Board of Directors Name Trusted Maritime Leader as New President and CEO
02/21/2024 | Sparton Corp.The Sparton Board of Directors has named Donnelly Bohan President & CEO of Sparton. Bohan will join Sparton and assume its leadership on March 4, 2024. She is replacing Tracy Howard who served as the company’s President and Chief Executive Officer since December 2021.
Sparton Received Vendor Status for U.S. Navy Sonobuoy Orders
08/15/2022 | Sparton Corp.Sparton Corporation, an Elbit Systems of America company, announced that it had received a vendor status under the United States Navy’s sonobuoy Multiple Award Delivery Order Contract (MADOC). With MADOC vendor status, Sparton qualifies to compete for annual delivery orders for each sonobuoy variant that may be needed by the service.
Ultra and Sparton JV (ERAPSCO) Awarded $11.6M for U.S. Navy Production Contract
04/19/2022 | Ultra ElectronicsUltra Electronics Holdings plc (ULE) and Sparton DLS, LLC announce the award of a contract valued at $11.6 million to their ERAPSCO joint venture, against the $222 million competitive Indefinite Delivery Indefinite Quantity (IDIQ) production contract for the manufacture of next-generation sonobuoys for the United States Navy.
Sparton’s Bill Toti Retires; Tracy Howard Tapped as Next President & CEO
12/10/2021 | Sparton Corp.Sparton President and Chief Executive Officer Bill Toti has retired after leading the company for three years, including through the company’s transition to Elbit Systems of America during 2021.