AP NEWS

Sparton DLS Appraised at CMMI-Maturity Level 3

November 13, 2018

DELEON SPRINGS, Fla.--(BUSINESS WIRE)--Nov 13, 2018--Sparton Corporation (NYSE:SPA) announced that its DeLeon Springs, FL Design and Development Group has been successfully appraised at CMMI-Maturity Level 3 (Dev v1.3). The appraisal was performed by AgileDigm of Ormond Beach, FL.

Capability Maturity Model Integration (CMMI) is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance. CMMI is comprised of a collection of best practices designed to promote improved performance and is considered a global standard for efficiency.

An appraisal at Maturity Level 3 indicates Sparton DLS is performing at a level where processes are well characterized and understood, and are described in standards, procedures, tools, and methods. Sparton’s set of standard processes, which is the basis for Maturity Level 3, is established and has improved over time.

Sparton DeLeon Springs, LLC, a leader in the design, development, and manufacture of sonobuoy systems for the U.S. Navy, is at the forefront of technologies that align with the Defense Department’s Undersea and Ground Warfare Technology roadmaps. Sparton’s nearly 200,000 sq. ft. DeLeon Springs facility is uniquely qualified to handle projects for the Defense Department and prime contractors in the design and manufacturing of engineered products.

“A CMMI appraisal is the global standard for design efficiency,” said Jim Lackemacher, Group Vice President of the Engineered Components and Products Segment. “This appraisal reflects our commitment to continuous improvement in an environment where an increasing number of government contracts require successful CMMI appraisals to participate.”

About Sparton Corporation:

Sparton Corporation (NYSE:SPA), now in its 119th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace and Industrial & Commercial. Headquartered in Schaumburg, Illinois, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s web site may be accessed at  www.sparton.com.

About The CMMI Institute

CMMI Institute is the global leader in the advancement of best practices in people, process, and technology. CMMI Institute’s promise is to inspire cultures of continuous improvement that elevate performance and create sustainable competitive advantage. To learn more about how CMMI can help your organization elevate performance, visit CMMIinstitute.com.

About AgileDigm

AgileDigm, Incorporated is a US-based, woman-owned, veteran-owned, international training, appraisal, and consulting company that helps organizations improve. AgileDigm focuses on helping organizations implement value-added Agile Approaches to software development, systems engineering, process improvement, and management. To learn more about AgileDigm, visit AgileDigm.com.

Safe Harbor and Fair Disclosure Statement

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: To the extent any statements made in this release contain information that is not historical, these statements are essentially forward-looking and are subject to risks and uncertainties, including the difficulty of predicting future results, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in Sparton’s filings with the Securities and Exchange Commission (SEC). The matters discussed in this press release may also involve risks and uncertainties concerning Sparton’s services described in Sparton’s filings with the SEC. In particular, see the risk factors described in Sparton’s most recent Form 10K and Form 10Q. Sparton assumes no obligation to update the forward-looking information contained in this press release.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181113005158/en/

CONTACT: Investors:

Institutional Marketing Services (IMS)

John Nesbett/Jennifer Belodeau, 203-972-9200

jnesbett@institutionalms.com

or

Company:

Sparton Corporation

Joseph McCormack, 847-762-5812

jmccormack@sparton.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING AEROSPACE ENGINEERING OTHER MANUFACTURING DEFENSE OTHER DEFENSE

SOURCE: Sparton Corporation

Copyright Business Wire 2018.

PUB: 11/13/2018 08:30 AM/DISC: 11/13/2018 08:30 AM

http://www.businesswire.com/news/home/20181113005158/en

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