Tag: Sparton

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
Foreign Investment Committee Completes Ultra Electronics-Sparton Transaction ReviewM&A Activity

Foreign Investment Committee Completes Ultra Electronics-Sparton Transaction Review

The Committee on Foreign Investment in the U.S. has finalized its review of the proposed acquisition of Schaumburg, Illinois-based electromechanical technology company
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
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
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
Rakesh Sharma: Ultra Electronics-Sparton JV Secures $87M Navy Sonobuoy Manufacturing IDIQContract Awards

Rakesh Sharma: Ultra Electronics-Sparton JV Secures $87M Navy Sonobuoy Manufacturing IDIQ

Sparton (NYSE: SPA) and Ultra Electronics Holdings’ ERAPSCO joint venture has been awarded a five-year, $87 million contract to manufacture
Cary Wood: ERAPSCO Awarded $166M Navy Sonobuoys ContractContract Awards

Cary Wood: ERAPSCO Awarded $166M Navy Sonobuoys Contract

ERAPSCO will develop sonobuoys for the U.S. Navy under a $166 million contract that Sparton President and CEO Cary B.
Sparton Acquires Medical Tech,  Biotech Provider Aubrey Group; Cary Wood CommentsM&A Activity

Sparton Acquires Medical Tech, Biotech Provider Aubrey Group; Cary Wood Comments

Design and manufacturing firm Sparton (NYSE: SPA) has acquired the Aubrey Group, an Irvine, Calif.-based provider of products for medical and biotechnological