Birdsboro, Pa. –(BUSINESS WIRE)–Mar. 26, 2018– Sparton Corporation (NYSE:SPA) under the brand Aydin Displays, a leader in the ruggedized displays, computers, and peripherals market has been awarded a contract worth over $13 million to supply BAE Systems with ruggedized Flat Panel Displays for a program supporting the Navy. Aydin Displays is contracted to deliver more than 600 displays over a two and a half year period.
“We are extremely pleased to be continuing our work with BAE Systems by providing product capabilities that meet or exceed its customer requirements. More importantly, to provide the company with the performance, quality, and value of our products to help meet the critical mission needs for our customers,” said Jim Lackemacher, Group Vice President of the Engineered Components and Products Segment of Sparton.
“Our suppliers help us meet the commitments we make to our customers, and it is essential those relationships are strong so that we can deliver value,” said Donna Linke-Klein, director of Tactical Systems at BAE Systems. “Our mission computing and display products have been leading the industry in computing capacity and reliability for more than 40 years, and we couldn’t achieve that mission without our supply base.”
The Aydin Displays brand provides a wide variety of Defense / Military LCD Displays that are designed for some of the harshest conditions in military scenarios – land, air and on water.
About Sparton Corporation
Sparton Corporation (NYSE:SPA), now in its 118th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace and Industrial & Commercial. Headquartered in Schaumburg, Illinois, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s Web site may be accessed at www.sparton.com.
Safe Harbor and Fair Disclosure Statement
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: To the extent any statements made in this release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty of predicting future results, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in Sparton’s filings with the Securities and Exchange Commission (SEC). The matters discussed in this press release may also involve risks and uncertainties concerning Sparton’s services described in Sparton’s filings with the SEC. In particular, see the risk factors described in Sparton’s most recent Form 10K and Form 10Q. Sparton assumes no obligation to update the forward-looking information contained in this press release.
Contact Information
Investors:
Institutional Marketing Services (IMS)
John Nesbett/Jennifer Belodeau, 203-972-9200
jnesbett@institutionalms.com
or
Company:
Sparton Corporation
Joseph McCormack, 847-762-5812
jmccormack@sparton.com
