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

Bill Toti President and CEO Sparton ECP

One Equity Partners has agreed to acquire Sparton's manufacturing and design services segment, allowing the latter company to focus exclusively on its engineered defense products business. Bill Toti, president and CEO of Sparton’s engineered components and products business and a previous Wash100 awardee will become CEO of Sparton as the ECP segment will transition into an independent entity upon the deal’s completion, Sparton said Friday.

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