Sparton DeLeon Springs Earns 4-Star Supplier Excellence Award from Raytheon

DELEON SPRINGS, Fla. –(BUSINESS WIRE)–May 30, 2018– Sparton Corporation (NYSE:SPA) and its DeLeon Springs, FL facility were recognized for outstanding performance as a supplier to Raytheon Integrated Defense Systems (IDS) at the Supplier Excellence Conference held in Boston, MA on May 17, 2018.

Raytheon’s Integrated Defense Systems business instituted the annual Supplier Excellence Awards program to recognize suppliers who have provided outstanding service and partnership in exceeding customer requirements. Award candidates are judged on certain criteria, including overall quality and on-time delivery. Sparton DeLeon Springs was one of 55 companies recognized by Raytheon’s Integrated Defense Systems business for 4-Star honors.

Sparton DeLeon Springs, LLC, a leader in the design, development, and manufacture of sonobuoy systems for the U.S. Navy, is at the forefront of technologies that align with the Defense Department’s Undersea and Ground Warfare Technology roadmaps. Sparton’s nearly 200,000 sq. ft. DeLeon Springs facility is uniquely qualified to handle projects for the Defense Department and prime contractors in the design and manufacturing of engineered products. Sparton DLS supports Raytheon’s AMNS and Barracuda programs.

“Sparton shares Raytheon’s commitment to quality and support to the defense community,” said Jim Lackemacher, Group Vice President of the Engineered Components and Products Segment. “We thank Raytheon for this recognition and we look forward to further developing our mutual relationship and continuing to meet our combined high expectations.”

About Sparton Corporation

Sparton Corporation (NYSE:SPA), now in its 118th year, 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. The primary markets served are Medical & Biotechnology, Military & Aerospace and Industrial & Commercial. Headquartered in Schaumburg, Illinois, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s Web site may be accessed at www.sparton.com.

Safe Harbor and Fair Disclosure Statement

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: To the extent any statements made in this release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty of predicting future results, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in Sparton’s filings with the Securities and Exchange Commission (SEC). The matters discussed in this press release may also involve risks and uncertainties concerning Sparton’s services described in Sparton’s filings with the SEC. In particular, see the risk factors described in Sparton’s most recent Form 10K and Form 10Q. Sparton assumes no obligation to update the forward-looking information contained in this press release.

 

 

Contact Information

Investors:
Institutional Marketing Services (IMS)
John Nesbett/Jennifer Belodeau, 203-972-9200
jnesbett@institutionalms.com
or
Company:
Sparton Corporation
Joseph McCormack, 847-762-5812
jmccormack@sparton.com