Hello, Guest!
  • Monday, November 18, 2024

ERAPSCO Secures $65M Navy Sonobuoy Production Funds


ERAPSCO, a joint venture between Ultra Electronics and Sparton (NYSE: SPA), has been awarded $64.6 million in contract funds to continue manufacturing sonobuoys for the U.S. Navy.

The Ultra Electronics USSI and Sparton De Leon Springs businesses will respectively receive $29.3 million and $35.3 million subcontracts as part of the GFY17 ERAPSCO indefinite-delivery, indefinite-quantity contract, Sparton said Tuesday.

“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,” said Ultra Electronics CEO Rakesh Sharma.

Joe Hartnett, interim president and CEO of Sparton, said the company aims to maintain the service branch’s trust in  Sparton’s capacity to deliver devices used to help increase the safety of people in the country.

Work will occur at Ultra Electronics USSI’s facility in Columbia City, Indiana, and Sparton’s facility in De Leon Springs, Florida, through January 2019.

Video of the Day

Related Articles

GDMS Books $279M in Air Force Trusted Network Environment Support Contract Contract Awards

GDMS Books $279M in Air Force Trusted Network Environment Support Contract

General Dynamics‘ (NYSE: GD) mission systems division has received a pair of U.S. Air Force contracts worth $279.3 million combined to help sustain and enhance the U.S. Battlefield Information Collection and Exploitation System. The company will provide a trusted network environment with cross-domain collaboration and information-sharing capabilities to sustain and enhance coalition operations under a

2 Companies Win $750M Contract to Deliver Enterprise IT Support to 3 USAF Bases Contract Awards

2 Companies Win $750M Contract to Deliver Enterprise IT Support to 3 USAF Bases

The U.S. Air Force awarded a cumulative $750 million contract to TKC Global Solutions and HPI Solutions for communication and enterprise information technology services. The Department of Defense said Tuesday that the companies will provide IT support to Wright-Patterson Air Force Base and Springfield Air National Guard in Ohio, as well as Joint Base Anacostia-Bolling

10 Companies Secure Positions on $944M Maintenance IDIQ for Navy Surface Ships Contract Awards

10 Companies Secure Positions on $944M Maintenance IDIQ for Navy Surface Ships

Ten companies won spots on a potential $944 million contract to provide maintenance, modernization and repair services for non-nuclear surface vessels of the U.S. Navy. The indefinite-delivery/indefinite-quantity contract is expected to be carried out by January 2029 in Everett, Washington, where the ships are homeported, the Department of Defense said Friday. The vendors will compete