Sign In
Search
Business/Financial

Elbit America To Acquire Navy Contractor Sparton

Cal Biesecker By
SHARE:
Elbit America To Acquire Navy Contractor Sparton
Sparton manufactures sonobuoys. (Photo: Sparton)

Israel’s Elbit Systems [ESLT] in December said its U.S. subsidiary Elbit America has agreed to acquire defense contractor Sparton Corp. for $380 million in a deal that expands the company’s work on naval systems. Elbit is acquiring Florida-based Sparton from the private equity firm Cerberus Capital Management, which acquired Sparton in early 2019 and took the company private. “The acquisition of Sparton will strengthen Elbit Systems of America’s capabilities and will enable expansion of activities in the naval arena,” Bezhalel…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Arlington Capital Launches GRVTY, New Defense Technology Company

Business/Financial

VT Group Acquires Naval Engineering Company DELTA Resources

Business/Financial

Elbit America Acquires Airborne Sensor Provider Logos Technologies

Business/Financial

Quantic Electronics Acquires Defense Electronics Company BEI Precision

Trending

Missing Radiation Source Found in New Jersey; State, Federal Agencies Say They Did Not Use Drones To Look For It
18 Rocket Lab Satellites for SDA to Carry Standard Tactical SATCOM Radios, As Agency Awaits Funding for Advanced Tactical Data Links
U.S. Space Force Launches Seventh X-37B Mission
10,000 “Operationally Relevant” Commercial EO Images Provided to NGA Per Week
USAF Looking for “Revolutionary” Concepts for Next Generation Refueler-Airlift Teaming

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Force Multipliers

Brian Hill – Research Innovations, Inc.

Job Feed

Post a Job // Post a Resume