Sparton Corporation (NYSE:SPA) and Ultra Electronics Holdings plc (ULE) said that their ERAPSCO joint venture has been recognized by the US Navy as a Tier 1 superior supplier.
This honor is awarded to the top Department of Defense (DOD) suppliers in the nation and is based on an evaluation of the past three years of Contractor Performance Assessment Reporting System (CPARS) data. According to the US Navy press release
Headquartered in Schaumburg, IL, Sparton, now in its 115th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, and field service to technology-driven companies in the medical device, defense & security systems, and electronic manufacturing services markets. The primary markets served are Medical & Biotechnology, Military & Aerospace, and Industrial & Commercial.
Ultra Electronics is a group of businesses which manage a portfolio of specialist capabilities, generating highly differentiated solutions and products in the defence & aerospace, security & cyber, transport and energy markets by applying electronic and software technologies in demanding and critical environments to meet customer needs.