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Sparton Wins $14.5 Million Subcontract

April 2, 2010 (FinancialWire) — Sparton Corp. (NYSE: SPA) said it has received an award of a $14.5 million subcontract to manufacture sonobuoys for the United States Navy as part of the ERAPSCO joint venture.

Under an ERAPSCO subcontract, Sparton will produce subassemblies for the AN/SSQ-101A (Q-101A) sonobuoys to support United States Naval Antisubmarine Forces. The AN/SSQ-101A Air Deployable Active Receiver sonobuoy is an A-size, expendable, acoustic signal receive array.

The companys aid that, with digital signal processing and a Sparton Digital Compass for bearing determination, target localization and tracking by Navy Maritime Patrol Aircraft is achieved.

Production will be performed at the Sparton facility in DeLeon Springs, Florida and will be complete by December 2011, according to the firm.

Illinois-based Sparton is a provider of electronics to technology-driven companies in various markets.

The ERAPSCO joint venture is a designer and manufacturer of expendable underwater transducer and sensor products for the U.S. Navy and its allies. ERAPSCO, serving as the prime contractor, was awarded the $31,316,120 firm-fixed-price contract for the procurement of the ADAR units.

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