|This Slide: #71 of 100|
Slide #71. Sparton Corporation — Beckwood Services, Inc.
Sparton Corporation (SPA)
Beckwood Services, Inc.
Sparton Corporation (NYSE:SPA) announces that its wholly owned subsidiary, Sparton Beckwood, LLC, has entered into a definitive purchase agreement to acquire Beckwood Services, Inc., an $18 million revenue business, in an all-cash transaction.
Sparton is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. Co. has two segments: manufacturing and design services, which is comprised of contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses for customers to bring their intellectual property to market; and engineered components and products, which is comprised of design, development and production of proprietary products for both domestic and foreign defense as well as commercial needs.
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Hold (2.00 out of 4)
(ranked higher than approx. 75% of all stocks covered)
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