Sparton, USSI JV Wins $4M in Direct Foreign Sales Contracts

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Sparton Corporation
SPA
and USSI, a subsidiary of Ultra Electronics Holdings plc (ULE) announce the award of subcontracts valued at $4.0 million from their ERAPSCO/SonobuoyTech Systems joint venture, for the manufacture of multiple Passive and Active Sonobuoys in support of several international Sonobuoy customer exercises planned with the U.S. Navy as well as other sonobuoy end-users. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $4.0 million to Sparton Electronics Florida Inc. Production will take place at Sparton's DeLeon Springs, FL facility and is expected to be completed by June 2013. ERAPSCO/SonobuoyTech Systems was awarded multiple international contracts for Passive and Active sonobuoys that are used for detection, classification, and localization of adversary submarines during peacetime and combat operations. ERAPSCO/SonobuoyTech Systems is pleased to have been selected to assist international customers in protecting their borders by providing the leading-edge products developed by its joint venture partners. The joint venture welcomes opportunities to play a role in the defense activities of our foreign allies and the expansion of the number of contracts received from foreign nations demonstrates ERAPSCO's deliberate progress into markets outside the U.S.
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