Sonobuoy TechSystems Awarded $9.3M in Foreign Sales Contracts

August 8, 2018 – Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE: SPA), announce the award of subcontracts valued at $9.3 million from their ERAPSCO/Sonobuoy TechSystems joint venture. ERAPSCO/Sonobuoy TechSystems will provide manufacturing subcontracts in the amount of $4.5 million to Sparton DeLeon Springs, LLC and $4.8 million to Ultra Electronics USSI. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s DeLeon Springs, FL facility. ERAPSCO/SonobuoyTech Systems was awarded multiple foreign contracts for the manufacture of Passive and…

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Ultra Electronics Abandons its Proposed Acquisition of Sparton Corp. After Department of Justice Expresses Concerns

The Department of Justice announced March 6th that Ultra Electronics Holdings plc and Sparton Corporation have abandoned their merger, originally valued at more than $234 million. The transaction threatened to permanently combine the only two qualified suppliers of sonobuoys to the U.S. Navy. Sonobuoys are used in support of multiple underwater missions for detection, classification, and localization of adversary submarines during peacetime and combat operations. Ultra Electronics and Sparton Corporation have in recent years supplied this critical equipment to the U.S. Navy through their joint venture, ERAPSCO. Ultra Electronics Holdings…

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ERAPSCO/SonobuoyTech Systems Awarded $12.9M in Foreign Sales Contracts

Sparton Corporation and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $12.9M million from their ERAPSCO/SonobuoyTech Systems joint venture. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $5.7 million to Ultra Electronics USSI and $7.2 million to Sparton De Leon Springs, LLC. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility. ERAPSCO/SonobuoyTech Systems were awarded multiple foreign contracts for the manufacture of Passive and Active sonobuoys in support…

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Sparton & Ultra Electronics USSI Joint Venture for Sonobuoy Tech Systems Awarded $14.8M in Foreign Sales Contracts

August 11, 2017 – Sparton Corporation and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $14.8 million from their ERAPSCO/SonobuoyTech Systems joint venture. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $7.4 million to Ultra Electronics USSI and $7.4 million to Sparton De Leon Springs LLC. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility. ERAPSCO/SonobuoyTech Systems were awarded multiple foreign contracts for the manufacture of Passive and…

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Ultra Electronics USSI and Sparton Corporation Joint Venture (ERAPSCO) Awarded $64.6 Million for U.S. Navy Sonobuoy Contract

February 21, 2017 – Ultra Electronics and Sparton Corporation announce the award of subcontracts valued at $64.6 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY17 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract. ERAPSCO will provide production subcontracts in the amount of million $29.3 and $35.3 million to Ultra Electronics USSI and Sparton De Leon Springs, LLC respectively. Production will take place at Ultra Electronics USSI’s Columbia City, IN…

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Ultra Electronics to work on early warning tech for Australia

February 2, 2017 – Ultra Electronics Avalon Systems will receive $1.7 million of Australian government funding to develop and demonstrate new ship-defense technologies, Australian minister for defense industry Christopher Pyne announced on Thursday. Minister Pyne said this innovation project would develop techniques to provide naval ships with early warning of incoming low flying air threats, such as anti-ship missiles. “This project will complement existing ship-borne radar systems,” he said. “I am pleased to announce Ultra Electronics Avalon Systems Pty Ltd will receive funding to take this innovative technology to the next level.”…

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