Sparton Announces Price Reduction Of Its SP3003D Digital Compass

Business Wire, Nov 27, 2006

JACKSON, Mich. -- Sparton Corporation (NYSE:SPA) today announced a substantial price reduction for its SP3003D Digital Compass. A single unit is now offered for sale at a price of $750.00, reflecting almost a $200 a unit price decrease. The price drops even more dramatically if customers order in volume.

Jim Lackemacher, Vice President of Sparton Government Sales, shared that the price reduction is a direct result of recent increase in sales volumes as more and more customers discover the superior performance offered by the digital compass. The SP3003D incorporates a proprietary algorithm to achieve precision directional finding, including true heading, while simultaneously compensating for pitch and roll.

About Sparton Corporation

Sparton Corporation (NYSE:SPA) - now in its 106th year - provides innovative engineering, manufacturing and technology solutions to the Government, Aerospace, Industrial and Medical markets. Best known as a turnkey Electronics Manufacturing Services (EMS) provider, Sparton also has its own line of products including sonobuoys operating in severe deep ocean environments. The newest product is our digital compass which provides accurate readings, regardless of position or atmospheric condition.

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 the Company'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 the Company's most recent Form 10K and Form 10Q. Sparton assumes no obligation to update the forward-looking information contained in this press release.