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© rawpixelimages dreamstime.com Electronics Production | February 17, 2015

ERAPSCO awarded $57 million US Navy contract

Sparton Corporation and Ultra Electronics have been awarded subcontracts valued at USD 57 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy.
The award is a GFY15 delivery order provided as a requirement from ERAPSCO’s five year Indefinite Delivery Indefinite Quantity (IDIQ) contract.

ERAPSCO will provide production subcontracts in the amount of USD 32.6 million and USD 24.4 million to Sparton DeLeon Springs, LLC and Ultra Electronics USSI respectively. Production will take place at Sparton’s DeLeon Springs, FL facility as well as Ultra’s Columbia City, IN facility.

“We are firmly committed to development of innovative technology and to providing the U.S. Navy with the highest quality products that help further its mission,” stated Cary B. Wood, President and Chief Executive Officer of Sparton.

“I am pleased that we have secured this important contract that will continue to provide critical sensor capabilities to the US Navy. This contract is a reflection of the increased focus on anti-submarine warfare and ‚Äėpivot to the Pacific‚Äô spoken about by the US Navy,” stated Rakesh Sharma, Chief Executive of Ultra Electronics.
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January 11 2019 8:28 pm V11.10.27-1