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Sparton Corp. Message Board

  • spasfa@ymail.com spasfa Dec 4, 2012 7:38 PM Flag

    ERAPSCO -MOD To contract

    D O D MOD TO CONTRACt $71,792,116

    covers
    76,5,00 Q53F
    7,500 Q62E

    USSU 59 %
    SPA 41`%
    Wonder what the make distribution is

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    • Formal release

      ERAPSCO, Columbia City, Ind., is being awarded a $71,192,115 modification to a previously awarded firm-fixed-price contract (N00421-11-C-0030) to exercise an option for the procurement of 76,000 AN/SSQ-53F sonobuoys and 7,500 AN/SSQ-62E sonobouys for the U.S. Navy. Work will be performed in Columbia City, Ind. (59 percent) and DeLeon Springs, Fla. (41 percent), and is expected to be completed in January 2015. Contract funds in the amount of $71,192,115 will be obligated on this award, none of which will expire at the end of the current fiscal year. The Naval Air Warfare Center Aircraft Division, Patuxent River, Md., is the contracting activity.

      SPA = $29.188 Mil
      USSI = $42.00 Mil

      I thought ERAPSCO was a 50/50 split? Must be Sparton is getting other buoy contracts - possibly international awards, or maybe it has something to do with the performance issues talked about in the quarterly call last month.

 
SPA
29.57+0.01(+0.03%)Aug 26 4:02 PMEDT

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