US Navy contracts Sparton and Ultra for sonobuoys delivery
The U.S. Navy has awarded ERAPSCO a $30.3 million contract for further manufacture and delivery of sonobuoys.
ERAPSCO, a joint venture between Sparton Corporation and Ultra Electronics Holdings will provide production subcontracts in the amount of $18.5 million and $11.8 million to Ultra Electronics USSI and Sparton De Leon Springs, LLC respectively, the company said in an announcement.
Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility and is expected to be completed by November 2018.
“I am pleased that we have secured this important contract that will continue to provide critical sensor capabilities to the US Navy,” stated Rakesh Sharma, chief executive of Ultra Electronics. “This contract is a reflection of the increased focus on anti-submarine warfare and the US Navy’s commitment to providing key technology for this important mission.”