Sparton a Key Technical Contributor to NAVSEA Award Given to NUWC Newport

De Leon Springs, Fla. — (BUSINESS WIRE) — May 2, 2017 —Sparton Corporation (NYSE: SPA) announced that it was a key technical contributor to a recent Naval Sea Systems Command (NAVSEA) technical award given to Naval Undersea Warfare Center (NUWC) Division Newport. The award, given to NUWC’s Advanced Weapons Enhanced by Submarine Unmanned Aerial System (UAS) Against Mobile Targets (AWESUM) UAS/Tactical Data Link (TDL) Team, recognized the successful collaboration between NUWC and Sparton during a two-year Joint Capability Technology Demonstration effort that was independently assessed by U.S. Pacific Command. Sparton’s collaboration was instrumental in helping move this technology forward as a fiscal year 2017 program of record.

The AWESUM UAS/TDL Engineering Team completed the two-year Joint Capability Technology Demonstration effort to rapidly deliver the warfighter with the ability to discretely and quickly identify and defeat time-sensitive mobile targets in a denied environment.

NUWC Division Newport is one of two divisions of the Naval Undersea Warfare Center and is the Navy’s full-spectrum research, development, test and evaluation, engineering, and fleet support center for submarine warfare systems and many other systems associated with the undersea battle space.

“The award presented to the NUWC team demonstrates the effectiveness of close collaborations between the Navy and Industry,” stated Jim Lackemacher, Group Vice President of the Engineered Components and Products Segment. “We are pleased to provide this new capability rapidly to the warfighter.”

About Sparton Corporation

Sparton Corporation (NYSE:SPA), now in its 117th 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, IL, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s Web site may be accessed at https://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

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