Sparton Corporation Announces Sonobuoy Contract Awards from the United States Navy

(JACKSON, MICHIGAN)-February 26, 2002-Electronic design and manufacturing service (EMS) provider, Sparton Corporation (NYSE:SPA) announced today it has been awarded two contracts for the manufacture of sonobuoys for the United States Navy.

These U.S. Navy contracts are for the procurement of 33,116 sonobuoys totaling $22.6 million and represent an award of 57% of the available contract dollars. The contracts for the two sonobuoys, Q-62E active and Q-53F passive, will be produced in Sparton’s DeLeon Springs, Florida facility and are expected to be completed by February 2004 or before.

Headquartered in Michigan, Sparton is now the only remaining competitive U.S. owned designer and manufacturer of sonobuoys for the U.S. Navy. Sonobuoys are search and detection devices deployed from aircraft and used in the defense of U.S. fleets.

Sparton Corporation (NYSE:SPA) now in its 102nd year, provides design engineering and electronics contract manufacturing services utilizing six manufacturing locations encompassing over 700,000 sq. ft. along with eleven alliance partner facilities throughout North America and Europe. In addition to strong core surface mount technology (SMT) and plated through-hole (PTH), printed circuit board assembly (PCBA) and complete assembly manufacturing capabilities, Sparton offers a complete range of pre-manufacturing, post-manufacturing and engineering services. Pre-manufacturing services include product development, concurrent engineering, design for test (DFT), design for manufacturing (DFM), design for assembly (DFA), printed circuit board design and quick-turn prototyping. Post-manufacturing services range from repair depot, direct ship, distribution management to field support.