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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 Electronics
Ultra 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.

Elbit Systems of America Completes Acquisition of Sparton Corporation

04/06/2021 | Sparton Corp.
Elbit Systems of America, LLC has completed the acquisition of Sparton Corporation from an affiliate of Cerberus Capital Management, L.P. for $380 million, subject to customary price adjustments, resulting in a significant expansion of Elbit Systems of America in the United States.

Cerberus Announces Sale of Sparton to Elbit Systems of America

12/23/2020 | Sparton Corp.
Cerberus Capital Management, L.P., a global leader in alternative investing, has announced that one of its affiliates has signed a definitive agreement to sell Sparton Corporation to Elbit Systems of America, LLC.
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