Sparton Announces Sonobuoy Contract Awards from the United States Navy

(JACKSON, Mich.) -- Electronics design and manufacturing service (EMS) provider, Sparton Corporation (NYSE:SPA) was awarded a contract for the manufacture of sonobuoys for the United States Navy. The contract is valued at approximately $13.8 Million. The United States Navy has announced that Sparton was awarded $13.8 Million for production the Company's AN/SSQ-53F sonobuoy. The production of the sonobuoy, which will occur in the Sparton's DeLeon Springs, Florida facility, is expected to be completed by February 2009.

Source: Sparton Corporation
Date: Jan 25, 2007