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03:59 PM, May 11, 2016
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Erapsco Wins $101 Million US Navy Sonobuoy Contract
Erapsco Wins $101 Million US Navy Sonobuoy Contract

Ultra Electronics and Sparton Corporation joint venture, ‘Erapsco’ has won a $101.1 million contract for the manufacture of sonobuoys for the US Navy. 

The contract is for five-years and Erapsco will provide production in the amount of $46.8 million and $54.3 million to Ultra Electronics USSI and Sparton De Leon Springs respectively, Sparton said in a statement Tuesday.

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 September 2017.

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