Elbit Systems Of America’s Expansion Sweeps Up Sparton

Sparton logo.
Credit: Sparton
The remaining core of defense electronics specialist Sparton finally has a new strategic owner, with the U.S. subsidiary of Israel’s Elbit Systems agreeing to buy it for $380 million, the companies announced Dec. 23. Fort Worth-based Elbit Systems of America has signed a definitive agreement with an...

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