Subcontract Agreement Modification No. 001 between ERAPSCO and Sparton DeLeon Springs, LLC for US Navy NAVAIR Program

Summary

This agreement is a subcontract modification between ERAPSCO, a joint venture of Sparton DeLeon Springs, LLC and UnderSea Sensor Systems Inc., and Sparton DeLeon Springs, LLC. It authorizes Sparton to supply various products to the US Navy under contract N00421-14-D-0025, with a total value of $171,549,841.65. The contract covers specific product types, quantities, and delivery dates from July 17, 2014, to July 16, 2016. The modification increases the quantity of ADAR products by two lots. Payment terms are Net 30, and no export license is required.

EX-10.26 2 exhibit102610-k2015.htm EXHIBIT 10.26 Exhibit






Subcontractor:			Sparton DeLeon Springs, LLC.

Effective Date:			17-Jul-14

Subcontract Number:			ERAPS014-220

Subcontract Modification:			Mod 001 (ADAR 2 Lots)

Mod Effective Date:			10-Apr-15

Customer:			US Navy- NAVAIR

Customer Contract Number:			N00421-14-D-0025

Program:			53F, 62E, Mk-84, 36B, Q101, Q125

Total Contract Value:			$171,549,841.65	Fee		Funded 100%

USSI:		[______]	$77,863,101.34	$0.00		$77,863,101.34

Sparton:		[______]	$93,686,740.31	$0.00		$93,686,740.31
This subcontract is entered into by and between ERAPSCO (“ERAPSCO” or “Buyer”), a general partnership comprised of Sparton DeLeon Springs, LLC. and UnderSea Sensor Systems Inc. (“USSI” or “Seller”), with offices located at 4868 East Park 30 Drive, Columbia City, Indiana 46725 and Sparton DeLeon Springs, LLC., 5612 Johnson Lake Road, DeLeon Springs, Florida 32130 (“Sparton” or “Seller”). As such, ERAPSCO provides authorization for the Seller to perform requirements identified in the attached customer contract and as summarized herein.

This subcontract is entered into by and between ERAPSCO (“ERAPSCO” or “Buyer”), a general partnership comprised of Sparton Electronics Florida, Inc. and UnderSea Sensor Systems Inc. (“USSI” or “Seller”), with offices located at 4868 East Park 30 Drive, Columbia City, Indiana 46725 and Sparton Electronics Florida, Inc., 5612 Johnson Lake Road, DeLeon Springs, Florida 32130 (“Sparton” or “Seller”). As such, ERAPSCO provides authorization for the Seller to perform requirements identified in the attached customer contract and as summarized herein.

ERAPSCO/ STS				Sparton DeLeon Springs, LLC

By:	/s/			By:	/s/

Name	David Jost			Name	Mark Belyea

Title:	General Manager			Title:	Contract Manager

Date	4/13/2015			Date	4/13/2015



A Sparton DeLeon Springs, LLC. and Ultra Electronics UnderSea Sensor Systems Joint Venture 4868 East Park 30 Drive, Columbia City, Indiana 46725




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Customer Information
Customer Name:		US Navy Navair			Technical Contact:		Tim Perry
Contract Contact:		Jim Smith			Phone:	812 ###-###-#### 209
Phone:	301 ###-###-####				Email:	*@*
Email:	*@*				Bid Number:		FY14 IDIQ

End User:		US Navy

Contract Terms
Contract Type:			FFP
Period of Performance:			7/17/14	to	7/16/16
Shipping Terms:		FCA Plant			Freight Forwarder:		N/A
Payment Terms:		PBP; Net 30			Export License Required:			No

Product Information
Product Description:		53F			Quantity:	[______]
Price:	[______]		Delivery Date:		7/17/14	to	7/16/16
Product Specifications:		PSS REVB CHG2
Packaging Specifications: Section D and Appendix C

Product Description:		62E			Quantity:	[______]
Price:	[______]		Delivery Date:		7/17/14	to	7/16/16
Product Specifications:		PSS REVB CHG2
Packaging Specifications: Section D and Appendix C

Product Description:		ADAR			Quantity:	[______]
Price:	[______]		Delivery Date:		7/17/14	to	7/16/16
Product Specifications:		PSS REVB CHG2
Packaging Specifications: Section D and Appendix C

Product Description:		Q125			Quantity:	[______]
Price:	[______]		Delivery Date:		7/17/14	to	7/16/16
Product Specifications:		MAC PSS REVC CHG2
Packaging Specifications: Section D and Appendix C

Product Description:		MK-84			Quantity:	[______]
Price:	[______]		Delivery Date:		7/17/14	to	7/16/16



Product Specifications: MARK 84 MOD1 REV- CHG0
Packaging Specifications: Section D and Appendix C

Product Description:		36B		Quantity:	[______]
Price:	[______]		Delivery Date:	7/17/14	to	7/16/16
Product Specifications:		PSS REVB CHG2
Packaging Specifications: Section D and Appendix C


Product Description:		Q125 NRE		Quantity:	[______]
Price:	[______]		Delivery Date:	7/17/14	to	1/13/15
Product Specifications: MAC PSS RevB CHG2
Packaging Specifications: Section D and Appendix C
Miscellaneous Comments
See Tracking Sheet for Delivery Schedule and Data Items
Mod 001- Increases FY14 ADAR by two lots ([_______] units)




A Sparton DeLeon Springs, LLC. and Ultra Electronics UnderSea Sensor Systems Joint Venture 4868 East Park 30 Drive, Columbia City, Indiana 46725