SCHAUMBURG, Ill.. –(BUSINESS WIRE)–June 5, 2018– Sparton Corporation (NYSE:SPA) an industry leader in the design and manufacture of highly-complex electronic and electromechanical devices was recognized for its outstanding performance as a supplier to Raytheon Integrated Defense Systems(IDS), with a 3-Star Supplier award, at the Supplier Excellence Conference held in Boston, Mass. on May 17, 2018. This is the 9th consecutive year Sparton’s Plaistow, NH facility has earned the Excellence Award.
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 Corporation was one of 66 companies recognized by Raytheon’s Integrated Defense Systems business for 3-Star honors. Sparton’s Plaistow, NH facility supplies sub-assemblies for the Patriot Air and Missile Defense System, Zumwalt Class Destroyer, and THAAD & AN/TPY-2 Radar Systems programs.
“This is a prestigious honor. To be recognized by a company the caliber of Raytheon year-after-year is a testimony to the performance excellence that we strive for on a daily basis,” said Mike Gaul, Group Vice President Manufacturing and Design Services for Sparton Corporation. “I’d like to thank our employees for their work ethic and dedication to producing consistent quality,” he added.
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
