Ultra Electronics and Sparton Corporation have been awarded subcontracts valued at $64.6 million to their ERAPSCO joint venture (JV), for the manufacture of sonobuoys for the United States Navy.
The award is a GFY17 ERAPSCO Indefinite Delivery Indefinite Quantity (ID/IQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract.
ERAPSCO will provide production subcontracts in the amount of million $29.3 and $35.3 million to Ultra Electronics USSI and Sparton De Leon Springs, respectively.
(Ultra’s Multi-Static Active Sonar comprises a field of transmit and receive sonobuoys and the necessary processing to detect and track targets without overloading the operator. Courtesy of Ultra Electronics and YouTube)
“I am pleased that we have secured this important contract that will continue to provide critical sensor capabilities to the U.S. Navy,” said Rakesh Sharma, Chief Executive of Ultra Electronics.
“This contract is a reflection of the increased focus on anti-submarine warfare and the U.S. Navy’s commitment to providing key technology for this important mission.”
“We are pleased that the Navy continually shows confidence in Sparton to deliver a product so vital to the safety of the American public,” said Joe Hartnett, Interim President and Chief Executive Officer of Sparton Corporation.
“We are committed to maintaining that level of trust, by manufacturing high-quality devices that perform flawlessly.”
Production will take place at Ultra Electronics USSI’s Columbia City, IN facility and Sparton’s De Leon Springs, FL facility and is expected to be completed by January 2019.
(Navy aircraft based off the Boeing 737-800, but with some ‘minor’ changes, sonobouy, torpedo bay, etc. It is a submarine hunter plus reconnaissance and surveillance. Courtesy of Sparton and YouTube)
Ultra Electronics is a group of businesses which manage a portfolio of specialist capabilities, generating highly differentiated solutions and products in the defense & aerospace, security & cyber, transport and energy markets by applying electronic and software technologies in demanding and critical environments to meet customer needs.
Ultra has world-leading positions in many of its specialist capabilities and, as an independent, non-threatening partner, is able to support all of the main prime contractors in its sectors.
As a result of such positioning, Ultra’s systems, equipment or services are often mission or safety-critical to the successful operation of the platform to which they contribute.
In turn, this mission-criticality secures Ultra’s positions for the long term which underpins the superior financial performance of the Group.
Across the Group’s three divisions, Ultra operates in the following eight market segments:
- Underwater Warfare
Sparton Corporation is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service and refurbishment.