Sparton Corp. and Ultra Electronics ink $64.6M Navy deal

Sparton Corp. and Ultra Electronics ink $64.6M Navy deal

Sparton Corp. and Extremely Electronics introduced the award of subcontracts valued at $64.6 million to their three way partnership for the manufacture of sonobuoys for the US Navy.

The award is a ERAPSCO Indefinite Supply Indefinite Amount contract launch for sonobuoy necessities beneath ERAPSCO’s 5 yr contract. The deal will present manufacturing subcontracts within the quantity of $30.three million and $34.three million to Extremely Electronics USSI and Sparton DeLeon Springs LLC respectively. Manufacturing will happen at Extremely Electronics USSI’s Columbia Metropolis, Indiana facility and Sparton’s DeLeon Springs, Florida facility and is predicted to be accomplished by April 2020.

“I’m happy that we’ve secured this vital contract to supply persevering with vital sensor capabilities to the U.S. Navy. This contract underscores the elevated deal with anti-submarine warfare and our capacity by way of ERAPSCO to supply a variety of key applied sciences and capabilities to help the U.S. Navy’s continued dedication to this essential mission,” mentioned Simon Pryce, CEO of Extremely Electronics with operations in Schaumburg.

“Undersea warfare is an important a part of the protection of our nation and our allies all through the world,” mentioned Joe Hartnett, interim president and CEO of Sparton Corp. “We’re honored that the Navy continues to depend on us to fabricate a product so elementary to that process.”

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