Sparton-Ultra Electronics JV Secures $65M Subcontracts to Develop Sonobuoys for Navy
A joint venture of Sparton and Ultra Electronics Holdings has received $64.6M in subcontracts to develop sonobuoys for the U.S. Navy. ERAPSCO will conduct the work in Columbia, Ind. and DeLeon Springs, Fla. through April 2020, Sparton said Monday. The JV will provide subcontracts worth $30.3M to Ultra Electronics and $34.3M to Sparton. “This contract underscores the increased focus […] More