Ultra Electronics – Sparton JV Bags New Sonobuoy Deal
- Business & Finance
Sparton Corporation and Ultra Electronics USSI have been awarded subcontracts valued at $21.1 million from their ERAPSCO/Sonobuoy TechSystems joint venture.
ERAPSCO/Sonobuoy TechSystems will provide manufacturing subcontracts in the amount of $9.5 million to Sparton DeLeon Springs, and $11.6 million to Ultra Electronics USSI.
Production will take place at Sparton’s DeLeon Springs, FL facility and Ultra Electronics USSI’s Columbia City, IN facility.
ERAPSCO/SonobuoyTech Systems was awarded multiple foreign contracts for the manufacture of Passive and Active sonobuoys to support various underwater missions for detection, classification, and localization of adversary submarines during peacetime and combat operations.