Sparton Corporation Market Research Report

Company Overview

Name: Sparton Corporation

Mission: No information is available.

Founded: 1900

Founders: The Withington Company, founded by Philip and Winthrop Withington. William Sparks later became the third partner.

Key People:

• Donnelly Bohan (President and CEO, Sparton and Vice President Maritime Systems, Elbit America)

• Randall Redondo (Vice President, Production Programs)

• Todd Voeks (Director, Product Development of Undersea Warfare Solutions)

• Nicole Hockley (Director, Human Resources)

• Scott Anderson (Vice President, Manufacturing Operations)

• David J. Powell, PhD (CTO & CDE)

• Larry Koleff (Director, Security & Facilities)

• Sheri Jordan (Director, Contracts)

• Michael Terry (Senior Director, Supply Chain)

• Jeffrey Woodard (Vice President, Chief Financial Officer, and Treasurer)

• Trey Kanaman (Vice President, Engineering)

• Robert Kundinger (Interim Director Business Development, Strategy and Marketing)

• Casey Richardson (Senior Director, Business Operations)

• ADM Timothy J. Keating, (U.S. Navy, retired) (Sparton Proxy Board Member)

• Ken Krieg (Sparton Proxy Board Chair)

• Brett B. Lambert (Sparton Proxy Board Member)

Headquarters: DeLeon Springs, FL, USA

Number of Employees: 600 worldwide

Revenue: No information is available.

Notable Expertise: Sparton is recognized for designing, developing, testing, and producing complex maritime electronic systems, including sonobuoys to support Anti-Submarine Warfare (ASW) and Undersea Warfare (USW).

Products

Overview

Sparton offers a range of sophisticated maritime electronic systems aimed primarily at defense applications, especially in anti-submarine and undersea warfare. The primary product lines include Sonobuoys, Undersea Warfare Solutions, and Inertial Sensors.

Sonobuoys

Description: Tactical sonar systems for transmitting submarine activity, available in both active and passive varieties. Active sonobuoys emit sound energy and wait for return signals, while passive ones listen for sound waves.

Key Features:

• Over 6 million sonobuoys deployed to U.S. and allied forces.

• High reliability and effectiveness as an anti-submarine warfare (ASW) sensor.

• Capability for both active and passive sonar operations.

Undersea Warfare Solutions

Description: Sparton provides a broad spectrum of maritime systems designed for military, aerospace, and industrial applications. This includes sensors and communication buoys, payload delivery systems, and advanced acoustic systems.

Key Features:

• Sensor and communication buoys.

• Payload delivery systems for various platforms, including UxVs, submarines, surface ships, and aircraft.

• Tethered and non-tethered buoys.

• High-performance acoustic systems.

• Adaptations for extreme marine environments.

Inertial Sensors

Description: High-performance inertial systems using MEMS magnetometer, accelerometer, and gyroscope technology to deliver accurate heading and position information even in GPS-denied environments.

Key Features:

• Enhanced 3D Adaptive Calibration.

• 360º Rollover Capability.

• 3D Acceleration.

• Adaptive Pitch and Roll Calculation.

• Gyro Enhancement.

• High Resolution Magnetics.

• True North Computation.

• Sleep Mode for energy efficiency.

Recent Developments

Recent Developments:

• 30 September 2023: The ERAPSCO/Sonobuoy TechSystem (STS) Joint Venture stopped accepting orders for sonobuoys. Sparton and Ultra Maritime will henceforth produce sonobuoys under their respective company names.

• JULY 23, 2024: Sparton was awarded more than $106 million through the Naval Air System Command.

• FEBRUARY 19, 2024: Sparton Board of Directors named a trusted maritime leader as the new President and CEO.

• APRIL 6, 2021: Elbit Systems of America completed the acquisition of Sparton Corporation.

New Products Launched: No specific new product launches mentioned.

New Features Added: No specific new features mentioned.

New Partnerships:

• 2021: Acquisition by Elbit Systems of America.

Sparton continues to press forward with innovative solutions and strategic opportunities, maintaining its position as a primary supplier of advanced maritime defense systems to both domestic and allied international customers.