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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A joint venture of Sparton and Ultra Electronics Holdings has received $64.6M in subcontracts to develop sonobuoys for the U.S. Navy. ERAPSCO will conduct the work in Columbia, Ind. and DeLeon Springs, Fla. through April 2020, Sparton said Monday. The JV will provide subcontracts worth $30.3M to Ultra Electronics and $34.3M to Sparton. “This contract underscores the increased focus […] More
A Sparton–Ultra Electronics Holdings joint venture has received a potential three-year, $9.7 million delivery order to design representative sonobuoys for qualification and testing by the U.S. Navy. ERAPSCO will also support engineering and development of underwater active multiple ping sonobuoys under the order, the Defense Department said Wednesday. The Naval Air Systems Command will obligate $1.8 […] More
A joint venture of Ultra Electronics Holdings and Sparton has secured $19.2 million in contracts to manufacture underwater acoustics technology for multiple foreign customers. The ERAPSCO/SonobuoyTech Systems JV will distribute contract funds to the Ultra Electronics USSI and Sparton De Leon Springs business units for the production of active and passive sonabuoys, Sparton said Monday. Sonobuoys are designed to detect, classify and localize adversary submarines during […] More
A joint venture of Sparton and Ultra Electronics Holdings has received a five-year, $20 million, indefinite-delivery/indefinite-quantity contract to supply sonobuoys to the U.S. Navy. The ERAPSCO JV will tap the Ultra Electronics USSI and Sparton De Leon Springs business units for sonobuoy production requirements under the contract, Sparton said Monday. The companies will manufacture the sonobuoys at Ultra […] More
The U.S. Navy has named the  joint venture of Sparton Corp. and Ultra Electronics Holdings a Tier 1 Superior Supplier based on Contractor Performance Assessment Reporting System data. Sparton said Tuesday the ERAPSCO Joint Venture is among other Defense Department suppliers recognized for CPARS performance in the past three years. “The 2015 superior suppliers are […] More
A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] More
A joint venture of Sparton Corp. and USSI have won manufacturing subcontracts worth $13.3 million to support multiple international awards for exercises planned with the U.S. Navy. Specifically, ERAPSCO/Sonobuoy TechSystems will provide Sparton $5.6 million worth of manufacturing subcontracts and another $7.7 million to USSI to detect, classify and localize adversary submarines for peacetime and […] More
General Atomics’ aeronautical systems business has announced the inclusion of five additional companies to an industry team that will support Australia’s Project Air 7003 that seeks to build a medium-altitude, long-endurance remotely piloted aircraft platform. Rockwell Collins‘ Australian arm, Airspeed, Ultra Electronics Australia, Quickstep Holdings and TAE Aerospace have joined Team Reaper Australia, General Atomics said Wednesday. Linden Blue, CEO […] More
John Casper is vice president of finance for the defense systems group at Orbital ATK. He brings more than two decades of experience in mergers and acquisitions, business integration and financial reporting to his role and oversees the aerospace company’s armament systems, digital electronics and missile products businesses. Prior to joining Orbital ATK, Casper spent […] More
Visiongain forecasts that the global cybersecurity market will reach a value of $75.4 billion by the end of 2015 due to continued cyber issues and legislation and investment activity focused on cyber capabilities. The company said Tuesday its latest report on the market covers an analysis of cybersecurity growth through 2025 across the network, data, endpoint, application, cloud security, identity management and […] More
A new report by Visiongain indicates a slowdown in defense spending on military land vehicle electronics over the next year due to the end of ground troop deployments to Afghanistan and Iraq. The market will stall in North America and most of Europe, but Visiongain said Tuesday that modernization programs in Australia and France will help the market reach […] More
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