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Sparton Books $107M Navy Contract Option for Sonobuoy ProductionContract Awards
  • December 30, 2024

    Sparton Books $107M Navy Contract Option for Sonobuoy Production

    Sparton has secured a potential two-year, $107.1 million contract modification from the U.S. Navy to continue producing and delivering AN/SSQ-125 modified
    Lockheed, Sparton, Ultra Awarded $5.1B in Sonobuoy IDIQ Contract ModificationsContract Awards
    • October 5, 2022

      Lockheed, Sparton, Ultra Awarded $5.1B in Sonobuoy IDIQ Contract Modifications

      Three companies have secured contract modifications worth up to $5.1 billion combined over a five-year period for sonobuoy production and
      Elbit Systems of America Closes Sparton Buy; Bezhalel Machlis QuotedM&A Activity
      • April 6, 2021

        Elbit Systems of America Closes Sparton Buy; Bezhalel Machlis Quoted

        Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary closed its purchase of Sparton from an affiliate of Cerberus Capital Management after it
        Elbit Systems of America Strikes $380M Deal for Sparton; Bill Toti, Bezhalel Machlis QuotedM&A Activity
        • December 28, 2020

          Elbit Systems of America Strikes $380M Deal for Sparton; Bill Toti, Bezhalel Machlis Quoted

          Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary has agreed to acquire defense supplier Sparton from an affiliate of Cerberus Capital Management…
          One Equity Partners Closes Sparton Business Unit Acquisition; Bill Toti QuotedM&A Activity
          • July 22, 2020

            One Equity Partners Closes Sparton Business Unit Acquisition; Bill Toti Quoted

            One Equity Partners has completed its purchase of engineered products supplier Sparton’s manufacturing and design services segment for an undisclosed…
            Sparton’s Engineered Defense Products Business to Operate as Standalone Entity; Bill Toti QuotedM&A Activity
            • June 29, 2020

              Sparton’s Engineered Defense Products Business to Operate as Standalone Entity; Bill Toti Quoted

              One Equity Partners has agreed to acquire Sparton's manufacturing and design services segment, allowing the latter company to focus exclusively…
              Cerberus Completes Purchase of Sparton; Dev Kapadia QuotedM&A Activity
              • March 6, 2019

                Cerberus Completes Purchase of Sparton; Dev Kapadia Quoted

                Cerberus Capital Management completed its purchase of Sparton Corp., a defense and aerospace electromechanical device manufacturer, in a cash transaction
                Cerberus to Acquire Sparton; Tarek Ajouz QuotedM&A Activity
                • December 13, 2018

                  Cerberus to Acquire Sparton; Tarek Ajouz Quoted

                  New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton™s (NYSE:
                  Leidos, Sparton to Produce New Acoustic Device Countermeasure System for Navy SubsPress Releases
                  • November 9, 2018

                    Leidos, Sparton to Produce New Acoustic Device Countermeasure System for Navy Subs

                    TYSONS CORNER, VA, November 9, 2018 ” Leidos (NYSE: LDOS) has entered into a partnership with Sparton to help build
                    Ultra Electronics, Sparton Call Off MergerM&A Activity
                    • March 6, 2018

                      Ultra Electronics, Sparton Call Off Merger

                      Schaumburg, Illinois-based military electronics manufacturer Sparton (NYSE: SPA) and U.K.-based defense contractor Ultra Electronics have decided to abandon their $234 million merger
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