Sparton manufactures sonobuoys. Photo: Sparton
By Cal Biesecker |
17 days ago |
01/06/2021

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…

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