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News For SPA From The Last 14 Days
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February 17, 2015
08:16 EDTSPASparton, Ultra Electronics USSI JV awarded $57M contract
Sparton Corporation (SPA) and Ultra Electronics Holdings announce the award of subcontracts valued at $57M to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY15 delivery order provided as a requirement from ERAPSCOís five year Indefinite Delivery Indefinite Quantity contract. ERAPSCO will provide production subcontracts in the amount of $32.6M and $24.4M to Sparton DeLeon Springs, LLC and Ultra Electronics USSI respectively. Production will take place at Spartonís DeLeon Springs, FL facility as well as Ultraís Columbia City, IN facility.

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