Loading...
Loading...
Sparton Corporation
SPA and Ultra Electronics - USSI,
a subsidiary of Ultra Electronics Holdings plc (ULE) announce the award
of subcontracts valued at $10.8 million to their ERAPSCO joint venture,
for the manufacture of sonobuoys for the United States Navy. ERAPSCO
will provide production subcontracts in the amount of $5.6 million and
$5.2 million to Sparton Electronics Florida, Inc. and USSI respectively.
Production will take place at Sparton's DeLeon Springs, FL facility as
well as USSI's Columbia City, IN facility and is expected to be
completed by April 2015.
ERAPSCO was awarded a contract for the AN/SSQ-53F, a passive acoustic
sensor used for detection, classification, and localization of adversary
submarines
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in