Ultra Electronics Ho (UEHPY) 13.4600 $UEHPY
Kratos Completes Sale of the U.S. and U.K. Operations of Its Electronic Products Division
GlobeNewswire - Mon Aug 24, 6:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has completed the previously announced sale of the U.S. and U.K. operations of its Electronic Products Division (the "EPD Operations"
to Ultra Electronics Holdings plc for $260 million in cash plus up to $5 million for taxes incurred as part of the transaction, less a $2.0 million escrow to satisfy any purchase price adjustments and a working capital adjustment currently estimated as a net reduction of $7.6 million (the "Transaction" . The Company expects to pay $13 million in transaction-related costs and approximately $10 million in federal and state income taxes, resulting in net cash proceeds to the Company of approximately $232.4 million.
KTOS: 4.46 (-0.10)
Kratos to sell electronic products' U.S., U.K. operations for $265M
Seeking Alpha - at Seeking Alpha - Mon Jun 01, 10:42AM CDT
KTOS: 4.46 (-0.10)
Kratos to Sell U.S. and U.K. Operations of Electronic Products Division for $265 Million
GlobeNewswire - Mon Jun 01, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has entered into a Definitive Agreement (the "Agreement" to sell the U.S. and U.K. operations (the "Operations" of its Electronic Products Division ("EPD" to Ultra Electronics Holdings plc ("Ultra" for $260 million in cash to be paid at closing and the reimbursement of up to $5 million for taxes incurred as part of the transaction, for a total of $265 million in total gross cash proceeds (the "Transaction" , subject to certain working capital adjustments. The EPD Operations to be divested include those located in Massachusetts, Pennsylvania, New Jersey and the United Kingdom. The divested operations provide electronic systems, subsystems and components for electronic warfare, missile, radar, intelligence surveillance and reconnaissance programs. Closing of the Transaction is subject to the receipt of certain regulatory approvals and other conditions.
KTOS: 4.46 (-0.10)
Sparton Corporation and Ultra Electronics USSI Joint Venture (Sonobuoy Tech Systems) Awarded $9.4M in Foreign Sales Contracts
Business Wire - Thu May 14, 7:15AM CDT
Sparton Corporation (NYSE:SPA) and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $9.4 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts are represented in these orders for the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $5.4 million to Ultra Electronics USSI and $4.0 million to Sparton Deleon Springs LLC. Production will take place at Ultra Electronics USSI's Columbia City, IN facility and Sparton's DeLeon Springs, FL facility.
SPA: 21.84 (-1.18)
Global Military Electro-Optical / Infrared Systems Market 2014-2020
M2 - Thu Feb 19, 5:26AM CST
Research and Markets (http://www.researchandmarkets.com/research/w9qcvt/military) has announced the addition of the "Military Electro-Optical / Infrared Systems Market by Type, by System, by Sensor Technology, by Platform - Forecast to 2020" report to their offering. This report provides a market analysis of the military electro-optic/infrared systems market over the next six years. It contains a detailed analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. It also discusses the industry, market, and technology trends that currently prevail in the market. The report provides vital information on key trends related to sensor and imaging technologies. It is expected that advancements in the sensor technologies would shape and influence the said market. The report also analyses the market with a special focus on the non-imaging and imaging systems, wherein the EO/IR systems are expected to be deployed. This report also highlights the industry value chain, supply chain, with a detailed PEST analysis and market life cycle analysis of the military electro-optical/infrared systems market. Another aspect which is elucidated is the illustrative segmentation, geographical analysis, and forecast of the major markets to provide an overall view of the global market. Premium insights from industry experts are quoted in this report to provide a holistic view of this market. A competitive landscape comprising of identification of key players and their market share has also been provided in the report. Strategic profiling of the key players in the military electro-optical/infrared systems market along with a comprehensive analysis of the latest developments, key growth strategies, investments, and core competencies in each segment have been identified. Key players profiled in the report are Lockheed Martin, Raytheon Company, L-3 Communications Holdings, Inc., BAE Systems, Thales Group, Northrop Grumman, DRS Technologies, Airbus Defence and Space, II-VI, Inc., Harris Corporation, Elbit Systems, and Rafael Advanced Defence Systems Ltd. The report exhibits an in-depth analysis of the sensor technologies in this market, along with, a detailed analysis of major countries from each region. It also exhibits the market share of electro-optical/infrared systems used in the defense platforms. It indicates the costs associated with the procurement, integration, and maintenance of the military electro-optical/infrared systems during the forecast period. The report also specifies the key growth regions and countries for this market along with, emerging trends and technologies. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Military Electro-Optical/Infrared Systems Market, By Type 8 Military Electro-Optical/Infrared Systems Market, By Systems 9 Military Electro-Optical/Infrared Systems Market, By Sensor Technology 10 Military Electro-Optical/Infrared Systems Market, By Platform 11 Geographical Analysis 12 Military Electro-Optical/Infrared Systems: Major Programs By Defense Procurement 13 Competitive Landscape 14 Company Profiles - Airbus Defense And Space - BAE Systems Plc. - ELBIT Systems - Finmeccanica SPA (DRS Technologies) - Harris Corporation - II-VI, Inc. - L-3 Communications Holdings, Inc. - Leidos Holdings, Inc. - Lockheed Martin Corporation - Rafael Advanced Defense Systems Ltd. - Raytheon Company - Rheinmetall AG - Rockwell Collins - SAAB AB - Textron - Thales SA - Ultra Electronics Holdings PLC - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/w9qcvt/military
HRS: 74.09 (-0.98), LMT: 206.81 (+0.66), UTX: 92.33 (+0.93), RTN: 106.54 (+0.47), TXT: 40.51 (+0.13), COL: 84.60 (+0.60), IIVI: 16.60 (unch), LLL: 105.61 (-0.23), LDOS: 42.61 (+0.31)
Global Airport Information Systems Market Outlook 2020 - Airport Size, Functions, Cost, & Geographic Analysis of the $2.4 Billion Industry
M2 - Wed Oct 08, 3:24AM CDT
Research and Markets (http://www.researchandmarkets.com/research/chprbx/airport) has announced the addition of the "Airport Information Systems Market by Airport Size, Functions, Cost, & by Geography - Market Forecast & Analysis to 2014 - 2020" report to their offering. The global airport information systems market is estimated to be $2,420.32 million in 2014 and is expected to register a CAGR of 4.76% to reach $3,490.69 million by 2020 The airport information systems market in this report is divided into five major geographies, namely North America,Europe, Asia-Pacific, the Middle East, and the Rest of the World (RoW). It is estimated that the global market would be valued at $2.64 billion in 2014; North America had the largest market with 41.30% share, followed by Europe with 25.45%, and Asia-Pacific with 18.89%. The increase in total IT spends from $4.3 billion in 2010 to $6.00 billion in 2013 has further contributed to the growth of the airport information system market. North America dominates the global airport information systems market and it is estimated to be valued at $1.09 billion in 2014 to reach $1.39 billion by 2020, at a CAGR of 4.13% from 2014- 2020. 74% of the airports are being prepared for terminal refurbishment by the end of 2016 and 68% of the combined Class A, Class B, and Class C airport are focused towards terminal extension and expansion. This factor had led to the development and growth of market in this region, right from its inception. Market growth is attributed to the rising passenger rate in developing countries and increasing modernization programs adopted by airports, in the developed countries. Emerging economies such as India, China, and Japan offer several opportunities for growth of the airport information systems market in this region. Airport expansion programs in emerging markets and development of enhanced baggage handling systems, offers lucrative opportunities for the market payers, in the next 5 years. In the airport industry, the potential of misplacement of passenger baggage is a challenging issue, which can be better resolved by RFID technology as compared to traditional barcode systems. The RFID tags have higher reading rates of more than 99%; according to IATA and 100% read rate at some airports such as Amsterdam, which combine both barcode and RFID systems. SCOPE On the basis of airport size: - The global airport information systems market can be classified on the basis of Class A, Class B, Class C, and Class D airports depending upon the passenger traffic. It offers in-depth analysis of airport information systems market, with respect to the airport size. On the basis of function type: The global airport information systems market is segmented into the type of functions performed such as airport operation control center (AOCC) and departure control system (DCS). DCS is further bifurcated into passenger tracking system, advanced passenger tracking system, and baggage handling system. The report provides the forecast analysis of functions of airport information systems from 2014-2020. On the basis of cost: The airport information systems market is fragmented on the basis of operational cost, integration cost, and procurement cost. It also covers the cost incurred for the passenger and non-passenger software. Companies Mentioned - Amadeus IT Group Sa - IKUSI S.A - Inform Gmbh - International Business Machines Corporation - Northrop Grumman Corporation - RESA - Rockwell Collins, Inc. - SITA - Siemens AG - Ultra Electronics Holdings For more information visit http://www.researchandmarkets.com/research/chprbx/airport
IBM: 147.37 (+1.17), NOC: 168.52 (+2.82), COL: 84.60 (+0.60)
Commercial Aircraft Health Monitoring Systems Market Outlook 2020 - Aircraft Type, IVHM Technology & Sub-System Analysis of the $3.3 Billion Industry
M2 - Wed Oct 08, 2:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/88s3j2/commercial) has announced the addition of the "Commercial Aircraft Health Monitoring Systems Market by Aircraft Type, IVHM Technology , Sub-System & by Geography - Global Forecasts & Analysis (2014-2020)" report to their offering. The global commercial aircraft health monitoring systems market is estimated to be at $2,253.01 million in 2014 and is expected to reach $3,337.67million by 2020, registering a CAGR of 6.77% This report provides a market analysis of the aircraft health monitoring systems market, over the next six years. It contains an analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. It also discusses the industry, market, and technology trends that currently, prevail in the market. The report provides vital information on key trends related to prognostics, diagnostics, and condition based maintenance. It is expected that advancements in the IVHM technologies would shape and influence the said market. The report also analyses the market with a special focus on the aircraft types, wherein the AHMS are expected to be deployed. This report also highlights the industry value chain, with a detailed PEST analysis and market life cycle analysis of the aircraft health monitoring systems market. Another aspect which is elucidated is the illustrative segmentation, geographical analysis, and forecast of the major markets to provide an overall, view of the global market. The report contains an in-depth analysis of the AHMS for sub-systems such as aero-propulsion systems, aircraft structures, avionics, and ancillary systems. It also, provides an analysis of the Integrated Vehicle Health Monitoring (IVHM) technologies used in the aircraft health and usage monitoring systems. These technologies are generally segmented into Prognostics, Diagnostics, Condition Based Maintenance (CBM), and Adaptive Control. Key players profiled in the report are The Boeing Company, Airbus Group, GE Aviation, United Technologies, Rolls Royce, and Honeywell International. Scope of the Report Aircraft Type - VLA - WBA - NBA - RTA - Rotary-Wing Aircraft IVHM Technology - Prognostics - Diagnostics - CBM - Adaptive Control Sub-System - Aeropropulsion - Aerostructures - Avionics - Ancillary Companies Mentioned - Acellent Technologies Inc - Airbus Group - Ge Aviation - Honeywell International - Meggitt Plc - Rockwell Collins - Rolls Royce Holdings Plc. - Rsl Electronics Ltd - The Boeing Company - Ultra Electronics Holdings Plc - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/88s3j2/commercial
HON: 99.62 (+0.07), UTX: 92.33 (+0.93), BA: 134.67 (+1.12), COL: 84.60 (+0.60)
Sparton Corporation and Ultra Electronics USSI Joint Venture (Sonobuoy Tech Systems) Awarded $26.2M in Foreign Sales Contracts
Business Wire - Wed Sep 17, 7:30AM CDT
Sparton Corporation (NYSE:SPA) and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $26.2 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts represent the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $10.6 million to Sparton Electronics Florida, Inc. and $15.6 million to Ultra Electronics USSI. Production will take place at Sparton's DeLeon Springs, FL facility and Ultra Electronics USSI's Columbia City, IN facility with completion planned by June 2015.
SPA: 21.84 (-1.18)
Kratos Completes Sale of the U.S. and U.K. Operations of Its Electronic Products Division
GlobeNewswire - Mon Aug 24, 6:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has completed the previously announced sale of the U.S. and U.K. operations of its Electronic Products Division (the "EPD Operations"
to Ultra Electronics Holdings plc for $260 million in cash plus up to $5 million for taxes incurred as part of the transaction, less a $2.0 million escrow to satisfy any purchase price adjustments and a working capital adjustment currently estimated as a net reduction of $7.6 million (the "Transaction" . The Company expects to pay $13 million in transaction-related costs and approximately $10 million in federal and state income taxes, resulting in net cash proceeds to the Company of approximately $232.4 million. KTOS: 4.46 (-0.10)
Kratos to sell electronic products' U.S., U.K. operations for $265M
Seeking Alpha - at Seeking Alpha - Mon Jun 01, 10:42AM CDT
KTOS: 4.46 (-0.10)
Kratos to Sell U.S. and U.K. Operations of Electronic Products Division for $265 Million
GlobeNewswire - Mon Jun 01, 7:00AM CDT
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it has entered into a Definitive Agreement (the "Agreement"
to sell the U.S. and U.K. operations (the "Operations" of its Electronic Products Division ("EPD" to Ultra Electronics Holdings plc ("Ultra" for $260 million in cash to be paid at closing and the reimbursement of up to $5 million for taxes incurred as part of the transaction, for a total of $265 million in total gross cash proceeds (the "Transaction" , subject to certain working capital adjustments. The EPD Operations to be divested include those located in Massachusetts, Pennsylvania, New Jersey and the United Kingdom. The divested operations provide electronic systems, subsystems and components for electronic warfare, missile, radar, intelligence surveillance and reconnaissance programs. Closing of the Transaction is subject to the receipt of certain regulatory approvals and other conditions. KTOS: 4.46 (-0.10)
Sparton Corporation and Ultra Electronics USSI Joint Venture (Sonobuoy Tech Systems) Awarded $9.4M in Foreign Sales Contracts
Business Wire - Thu May 14, 7:15AM CDT
Sparton Corporation (NYSE:SPA) and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $9.4 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts are represented in these orders for the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $5.4 million to Ultra Electronics USSI and $4.0 million to Sparton Deleon Springs LLC. Production will take place at Ultra Electronics USSI's Columbia City, IN facility and Sparton's DeLeon Springs, FL facility.
SPA: 21.84 (-1.18)
Global Military Electro-Optical / Infrared Systems Market 2014-2020
M2 - Thu Feb 19, 5:26AM CST
Research and Markets (http://www.researchandmarkets.com/research/w9qcvt/military) has announced the addition of the "Military Electro-Optical / Infrared Systems Market by Type, by System, by Sensor Technology, by Platform - Forecast to 2020" report to their offering. This report provides a market analysis of the military electro-optic/infrared systems market over the next six years. It contains a detailed analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. It also discusses the industry, market, and technology trends that currently prevail in the market. The report provides vital information on key trends related to sensor and imaging technologies. It is expected that advancements in the sensor technologies would shape and influence the said market. The report also analyses the market with a special focus on the non-imaging and imaging systems, wherein the EO/IR systems are expected to be deployed. This report also highlights the industry value chain, supply chain, with a detailed PEST analysis and market life cycle analysis of the military electro-optical/infrared systems market. Another aspect which is elucidated is the illustrative segmentation, geographical analysis, and forecast of the major markets to provide an overall view of the global market. Premium insights from industry experts are quoted in this report to provide a holistic view of this market. A competitive landscape comprising of identification of key players and their market share has also been provided in the report. Strategic profiling of the key players in the military electro-optical/infrared systems market along with a comprehensive analysis of the latest developments, key growth strategies, investments, and core competencies in each segment have been identified. Key players profiled in the report are Lockheed Martin, Raytheon Company, L-3 Communications Holdings, Inc., BAE Systems, Thales Group, Northrop Grumman, DRS Technologies, Airbus Defence and Space, II-VI, Inc., Harris Corporation, Elbit Systems, and Rafael Advanced Defence Systems Ltd. The report exhibits an in-depth analysis of the sensor technologies in this market, along with, a detailed analysis of major countries from each region. It also exhibits the market share of electro-optical/infrared systems used in the defense platforms. It indicates the costs associated with the procurement, integration, and maintenance of the military electro-optical/infrared systems during the forecast period. The report also specifies the key growth regions and countries for this market along with, emerging trends and technologies. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Military Electro-Optical/Infrared Systems Market, By Type 8 Military Electro-Optical/Infrared Systems Market, By Systems 9 Military Electro-Optical/Infrared Systems Market, By Sensor Technology 10 Military Electro-Optical/Infrared Systems Market, By Platform 11 Geographical Analysis 12 Military Electro-Optical/Infrared Systems: Major Programs By Defense Procurement 13 Competitive Landscape 14 Company Profiles - Airbus Defense And Space - BAE Systems Plc. - ELBIT Systems - Finmeccanica SPA (DRS Technologies) - Harris Corporation - II-VI, Inc. - L-3 Communications Holdings, Inc. - Leidos Holdings, Inc. - Lockheed Martin Corporation - Rafael Advanced Defense Systems Ltd. - Raytheon Company - Rheinmetall AG - Rockwell Collins - SAAB AB - Textron - Thales SA - Ultra Electronics Holdings PLC - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/w9qcvt/military
HRS: 74.09 (-0.98), LMT: 206.81 (+0.66), UTX: 92.33 (+0.93), RTN: 106.54 (+0.47), TXT: 40.51 (+0.13), COL: 84.60 (+0.60), IIVI: 16.60 (unch), LLL: 105.61 (-0.23), LDOS: 42.61 (+0.31)
Global Airport Information Systems Market Outlook 2020 - Airport Size, Functions, Cost, & Geographic Analysis of the $2.4 Billion Industry
M2 - Wed Oct 08, 3:24AM CDT
Research and Markets (http://www.researchandmarkets.com/research/chprbx/airport) has announced the addition of the "Airport Information Systems Market by Airport Size, Functions, Cost, & by Geography - Market Forecast & Analysis to 2014 - 2020" report to their offering. The global airport information systems market is estimated to be $2,420.32 million in 2014 and is expected to register a CAGR of 4.76% to reach $3,490.69 million by 2020 The airport information systems market in this report is divided into five major geographies, namely North America,Europe, Asia-Pacific, the Middle East, and the Rest of the World (RoW). It is estimated that the global market would be valued at $2.64 billion in 2014; North America had the largest market with 41.30% share, followed by Europe with 25.45%, and Asia-Pacific with 18.89%. The increase in total IT spends from $4.3 billion in 2010 to $6.00 billion in 2013 has further contributed to the growth of the airport information system market. North America dominates the global airport information systems market and it is estimated to be valued at $1.09 billion in 2014 to reach $1.39 billion by 2020, at a CAGR of 4.13% from 2014- 2020. 74% of the airports are being prepared for terminal refurbishment by the end of 2016 and 68% of the combined Class A, Class B, and Class C airport are focused towards terminal extension and expansion. This factor had led to the development and growth of market in this region, right from its inception. Market growth is attributed to the rising passenger rate in developing countries and increasing modernization programs adopted by airports, in the developed countries. Emerging economies such as India, China, and Japan offer several opportunities for growth of the airport information systems market in this region. Airport expansion programs in emerging markets and development of enhanced baggage handling systems, offers lucrative opportunities for the market payers, in the next 5 years. In the airport industry, the potential of misplacement of passenger baggage is a challenging issue, which can be better resolved by RFID technology as compared to traditional barcode systems. The RFID tags have higher reading rates of more than 99%; according to IATA and 100% read rate at some airports such as Amsterdam, which combine both barcode and RFID systems. SCOPE On the basis of airport size: - The global airport information systems market can be classified on the basis of Class A, Class B, Class C, and Class D airports depending upon the passenger traffic. It offers in-depth analysis of airport information systems market, with respect to the airport size. On the basis of function type: The global airport information systems market is segmented into the type of functions performed such as airport operation control center (AOCC) and departure control system (DCS). DCS is further bifurcated into passenger tracking system, advanced passenger tracking system, and baggage handling system. The report provides the forecast analysis of functions of airport information systems from 2014-2020. On the basis of cost: The airport information systems market is fragmented on the basis of operational cost, integration cost, and procurement cost. It also covers the cost incurred for the passenger and non-passenger software. Companies Mentioned - Amadeus IT Group Sa - IKUSI S.A - Inform Gmbh - International Business Machines Corporation - Northrop Grumman Corporation - RESA - Rockwell Collins, Inc. - SITA - Siemens AG - Ultra Electronics Holdings For more information visit http://www.researchandmarkets.com/research/chprbx/airport
IBM: 147.37 (+1.17), NOC: 168.52 (+2.82), COL: 84.60 (+0.60)
Commercial Aircraft Health Monitoring Systems Market Outlook 2020 - Aircraft Type, IVHM Technology & Sub-System Analysis of the $3.3 Billion Industry
M2 - Wed Oct 08, 2:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/88s3j2/commercial) has announced the addition of the "Commercial Aircraft Health Monitoring Systems Market by Aircraft Type, IVHM Technology , Sub-System & by Geography - Global Forecasts & Analysis (2014-2020)" report to their offering. The global commercial aircraft health monitoring systems market is estimated to be at $2,253.01 million in 2014 and is expected to reach $3,337.67million by 2020, registering a CAGR of 6.77% This report provides a market analysis of the aircraft health monitoring systems market, over the next six years. It contains an analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. It also discusses the industry, market, and technology trends that currently, prevail in the market. The report provides vital information on key trends related to prognostics, diagnostics, and condition based maintenance. It is expected that advancements in the IVHM technologies would shape and influence the said market. The report also analyses the market with a special focus on the aircraft types, wherein the AHMS are expected to be deployed. This report also highlights the industry value chain, with a detailed PEST analysis and market life cycle analysis of the aircraft health monitoring systems market. Another aspect which is elucidated is the illustrative segmentation, geographical analysis, and forecast of the major markets to provide an overall, view of the global market. The report contains an in-depth analysis of the AHMS for sub-systems such as aero-propulsion systems, aircraft structures, avionics, and ancillary systems. It also, provides an analysis of the Integrated Vehicle Health Monitoring (IVHM) technologies used in the aircraft health and usage monitoring systems. These technologies are generally segmented into Prognostics, Diagnostics, Condition Based Maintenance (CBM), and Adaptive Control. Key players profiled in the report are The Boeing Company, Airbus Group, GE Aviation, United Technologies, Rolls Royce, and Honeywell International. Scope of the Report Aircraft Type - VLA - WBA - NBA - RTA - Rotary-Wing Aircraft IVHM Technology - Prognostics - Diagnostics - CBM - Adaptive Control Sub-System - Aeropropulsion - Aerostructures - Avionics - Ancillary Companies Mentioned - Acellent Technologies Inc - Airbus Group - Ge Aviation - Honeywell International - Meggitt Plc - Rockwell Collins - Rolls Royce Holdings Plc. - Rsl Electronics Ltd - The Boeing Company - Ultra Electronics Holdings Plc - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/88s3j2/commercial
HON: 99.62 (+0.07), UTX: 92.33 (+0.93), BA: 134.67 (+1.12), COL: 84.60 (+0.60)
Sparton Corporation and Ultra Electronics USSI Joint Venture (Sonobuoy Tech Systems) Awarded $26.2M in Foreign Sales Contracts
Business Wire - Wed Sep 17, 7:30AM CDT
Sparton Corporation (NYSE:SPA) and Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE), announce the award of subcontracts valued at $26.2 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts represent the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $10.6 million to Sparton Electronics Florida, Inc. and $15.6 million to Ultra Electronics USSI. Production will take place at Sparton's DeLeon Springs, FL facility and Ultra Electronics USSI's Columbia City, IN facility with completion planned by June 2015.
SPA: 21.84 (-1.18)
