| Business Summary | | Sparton
Corporation
operates
in
one
line
of
business,
electronic
manufacturing
services.
Products
and
services
include
microprocessor-based
systems,
transducers,
printed
circuit
boards
and
assemblies,
sensors
and
electromechanical
devices
for
the
telecommunications,
medical,
electronics
and
other
industries.
The
Company
also
develops
and
manufactures
sonobuoys,
air-deployed
anti-submarine
warfare
devices
used
by
the
United
States
Navy
and
other
free-world
countries.
The
United
States
Navy
is
the
Company's
largest
single
customer. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sparton
develops
and
manufactures
electronic
parts
and
assemblies
including
microprocessor-based
systems
and
sensors.
Sparton
also
manufactures
and
develops
air-deployed
anti-submarine
warfare
devices
for
the
U.S.
Navy.
For
the
nine
months
ended
3/31/01,
net
sales
rose
20%
to
$135.7
million.
Net
income
totaled
$209
thousand
vs.
a
loss
of
$9.5
million.
Results
reflect
higher
commercial
EMS
sales,
and
a
lower
charge
related
to
the
New
Mexico
environmental
remediation
effort. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
51,924;
after
tax
earnings
were
1,410. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bradley Smith, 55 Chairman | -- | David Hockenbrocht, 65 Pres,
CEO, Director | $273K | Richard Langley, 55 CFO,
VP, Treasurer, Director | 116K | Douglas Johnson, 52 COO | 129K | R. Jan Appel, 54 VP,
Sec., Gen. Counsel | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|