SPA Sparton Corp.

SPARTON CORPORATION (SPA) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating Sparton Corporation For Potential Securities Violations and Breaches of Fiduciary Duty

WILMINGTON, Del.--(BUSINESS WIRE)--

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violation claims and breach of fiduciary duty claims against Sparton Corporation (NYSE: SPA) (“Sparton Corporation” or the “Company”).

If you currently own shares of Sparton Corporation and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/sparton-corporation-class-action-investigation/ or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

EN
07/08/2017

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Reports on Sparton Corp.

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Sparton Corporation Reports Fiscal 2018 Third Quarter Results

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Sparton Corporation (NYSE:SPA) today announced results for the third quarter of fiscal year 2018 ended April 1, 2018. Third Quarter Financial Results and Highlights Joseph J. Hartnett, Interim President & CEO, commented, "We are pleased with this quarter’s operating performance and the continued progress we have made in our business development efforts and improvements in operations while we continue to explore a potential sale transaction." Joseph G. McCormack, Senior Vic...

May 9, 2018 1 EN
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Ultra Electronics USSI and Sparton Corporation Joint Venture (ERAPSCO)...

COLUMBIA CITY, Ind. & SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE:SPA) announce the award of subcontracts valued at $70.3 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY18 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract. ERAPSCO will provide production subcontracts in the amount of $32.0 million and $38.3 million to Ultra ...

May 8, 2018 1 EN
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Sparton Corporation to Supply BAE Systems with More Than $13 Million i...

BIRDSBORO, Pa.--(BUSINESS WIRE)-- 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 excee...

March 26, 2018 1 EN
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SPA SPARTON CORP.

Sparton Corporation and Ultra Electronics USSI Joint Venture (ERAPSCO)...

SCHAUMBURG, Ill. & COLUMBIA CITY, Ind.--(BUSINESS WIRE)-- Sparton Corporation (NYSE:SPA) and Ultra Electronics Holdings plc (ULE) announce the award of subcontracts valued at $28.4 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY18 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO’s five year contract. ERAPSCO will provide production subcontracts in the amount of $17.2 million and $11.2 million to Ultra ...

March 6, 2018 1 EN
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Sparton Announces Termination of Merger Agreement with Ultra

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Sparton Corporation (NYSE: SPA) today announced the termination by Sparton and Ultra Electronics Holdings plc of their July 7, 2017 merger agreement. During the review of the proposed merger by the United States Department of Justice (the “DOJ”), the United States Navy (the “Navy”) expressed the view that instead of the parties proceeding with the merger, each of Sparton and Ultra should enhance its ability to independently develop, produce and sell sonobuoys and over time work toward the e...

March 5, 2018 1 EN

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