Tag: ERAPSCO

Sparton’s Engineered Defense Products Business to Operate as Standalone Entity; Bill Toti QuotedM&A Activity

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…
ERAPSCO to Produce Sonobuoys for Navy Under Potential $1B IDIQContract Awards

ERAPSCO to Produce Sonobuoys for Navy Under Potential $1B IDIQ

ERAPSCO, a joint venture of Sparton and Ultra Electronics, has been awarded a potential $1.04B contract to build and deliver sonobuoys to the U.S. Navy…
Navy Taps Lockheed, ERAPSCO for Potential $221M Sonobuoy Supply IDIQContract Awards

Navy Taps Lockheed, ERAPSCO for Potential $221M Sonobuoy Supply IDIQ

ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy
Ultra Electronics, Sparton Call Off MergerM&A Activity

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
ERAPSCO Awarded $220M Navy Sonobuoy Contract ModificationContract Awards

ERAPSCO Awarded $220M Navy Sonobuoy Contract Modification

ERAPSCO has received a three-year, $219.8 million contract modification to manufacture 166,500 signal underwater sound sonobuoys for U.S. Navy anti-submarine warfare
Ultra Electronics Agrees to Purchase SpartonM&A Activity

Ultra Electronics Agrees to Purchase Sparton

U.K.-based defense and aerospace equipment manufacturer Ultra Electronics has agreed to acquire Schaumburg, Illinois-based electromechanical technology provider Sparton  (NYSE: SPA). Sparton
ERAPSCO Secures $65M Navy Sonobuoy Production FundsContract Awards

ERAPSCO Secures $65M Navy Sonobuoy Production Funds

ERAPSCO, a joint venture between Ultra Electronics and Sparton (NYSE: SPA), has been awarded $64.6 million in contract funds to continue manufacturing sonobuoys
Sparton,  Ultra Electronics Holdings JV to Produce Sonobuoys for US Navy; Rakesh Sharma CommentsContract Awards

Sparton, Ultra Electronics Holdings JV to Produce Sonobuoys for US Navy; Rakesh Sharma Comments

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics Holdings, has received a pair of subcontracts worth up
Navy Exercises $204M Option on ERAPSCO Sonobuoy Procurement ContractContract Awards

Navy Exercises $204M Option on ERAPSCO Sonobuoy Procurement Contract

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a $203.7 million contract modification to
Sparton-Ultra Electronics JV Lands $101M Navy Sonobuoys Order; Joseph Hartnett CommentsContract Awards

Sparton-Ultra Electronics JV Lands $101M Navy Sonobuoys Order; Joseph Hartnett Comments

ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics, has received a five-year, $101.1 million contract to produce