Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE: SPA), announce the award of subcontracts valued at $9.3 millionfrom their ERAPSCO/Sonobuoy TechSystems joint venture. ERAPSCO/Sonobuoy TechSystems will provide manufacturing subcontracts in the amount of $4.5 million to Sparton DeLeon Springs, LLC and $4.8 million to Ultra Electronics USSI. Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s DeLeon Springs, FL facility.
ERAPSCO/SonobuoyTech Systems was awarded multiple foreign contracts for the manufacture of Passive and Active sonobuoys to support various 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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