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Sparton Corporation Recognized as Key Partner to Goodrich Corporation’s Threat Detection Program

Dépèche transmise le 19 mars 2012 par Business Wire

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE: SPA) today announced that it has been recognized as a key partner to Goodrich Corporation’s AN/AVR-2B(V) threat detection program.

“Goodrich continues to be successful because of suppliers and partners like Sparton. We thank them and, in particular, the team at their Brooksville, Florida facility for their hard work and continued on-time delivery”

Sparton participated at a special event in December 2011 in Danbury, Conn. to celebrate the delivery of the 1,000th AN/AVR-2B(V) laser detecting set to the United States Army. Special guests included Brigadier General Harold J. Greene, Program Executive Officer – Intelligence, Electronic Warfare and Sensors (IEW&S), U.S. Army; Colonel John Leaphart, Project Manager – Aircraft Survivability Equipment (ASE), U.S. Army; and Dannel P. Malloy, Governor of the State of Connecticut.

The event recognized the accomplishments of all Goodrich employees and their key supplier partners, including Sparton, who were involved in the threat detection business at Danbury in support of the delivery of the 1,000th AN/AVR-2B(V) laser detecting set. The event also celebrated 51 consecutive months of on-time delivery of laser warning detection sets to the U.S. Army.

“Goodrich continues to be successful because of suppliers and partners like Sparton. We thank them and, in particular, the team at their Brooksville, Florida facility for their hard work and continued on-time delivery,” commented Dave Imbrogno, Director, Threat Detection Systems - Goodrich ISR Systems.

Robert L. Grimm II, Vice President & General Manager of Sparton’s Complex Systems Business Unit added, “We are pleased to have the efforts of our employees recognized by Goodrich at this important event and we look forward to continuing our support of their current and future threat detection programs. Sparton’s Complex Systems team has again demonstrated its ability to provide its partners with world-class products in support of their end-customers’ requirements.”

About Sparton Corporation

Sparton Corporation (NYSE:SPA), now in its 112th 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, Military & Aerospace, and Industrial & Instrumentation. Headquartered in Schaumburg, IL, Sparton currently has five manufacturing locations worldwide. Sparton's Web site may be accessed at http://www.sparton.com.

About Goodrich Corporation

Goodrich has been developing and manufacturing the laser warning capability at the Danbury facility for the past 35 years and is the industry leader in laser warning systems. The AN/AVR-2B(V) is the latest embodiment of this capability and represents the very best in combat survival equipment for armed forces worldwide.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.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.