For Immediate Release
- Plaistow, New Hampshire location earns Raytheon’s top supplier honor for the third time in the last four years
SCHAUMBURG, Ill.–(BUSINESS WIRE)–June 26, 2014–Sparton Corporation (NYSE: SPA), an industry leader in the design and manufacture of highly-complex electronic and electromechanical devices, was recognized for their outstanding performance as a supplier to Raytheon Integrated Defense Systems(IDS) at the Supplier Excellence Conference held in Waltham, Massachusetts on June 4, 2014.
Raytheon’s Integrated Defense Systems (IDS) 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, on-time delivery and demonstrated commitment to continuous improvement. A 5-Star recognition is the highest level of recognition the Integrated Defense Systems business supplier can achieve for excellence in quality and performance, and Sparton was one of 15 companies selected.
Sparton’s Plaistow, NH facility supplies sub-assemblies for the Patriot Air and Missile Defense System, Zumwalt Class Destroyer, and THAAD Radar Systems programs.
“We are honored to have received this prestigious award again this year. Raytheon is an important part of our nation’s security and we are proud to be a contributor to a service so vital to the American public,” said Jamie Shaddix, Group Vice-President Mil/Aero Manufacturing Services for Sparton Corporation.
“I would like to congratulate our entire workforce on this award. Without the dedication and attention to detail from each and every employee, receiving a 100% score on these challenging metrics would be unthinkable. This award exemplifies the Sparton values and demonstrates the capabilities of our world-class production system,” he added.
About Sparton Corporation
Sparton Corporation (NYSE:SPA), now in its 114th 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, IL, Sparton currently has eight manufacturing locations and four 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.
Analyst ContactDon Pearson
Office: (847) 762-5812
Media ContactMike Osborne
Office: (847) 762-5814
Investor ContactJohn Nesbett/Jennifer Belodeau
Institutional Marketing Services
Office: (203) 972-9200