COLUMBIA CITY, Ind. & SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE:SPA) announce the award of subcontracts valued at $101.1 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY16 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract. ERAPSCO will provide production subcontracts in the amount of
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