Sparton Corporation (NYSE:SPA) and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $17.4 million from their ERAPSCO/SonobuoyTech Systems joint venture. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $11.2 million to Ultra Electronics USSI and $6.2 million to Sparton De Leon Springs, LLC. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility.
ERAPSCO/SonobuoyTech Systems were awarded multiple foreign contracts for the manufacture of Passive and Active sonobuoys in support of multiple underwater missions for detection, classification, and localization of adversary submarines during peacetime and combat operations.
Key data points: The growth forecast = 6.3% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in air-based tactical data link market to 2031 by component (hardware and software), platform (rotary wing, fixed wing, and unmanned aerial vehicles), application (command & control, intelligence, surveillance & reconnaissance, electronic warfare, and radio communication), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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