Thursday, May 20, 2010

LaBarge Awarded $1.5 Million Contract for Electronic Components In F-16 Radar System


Defense News:
ST. LOUIS--(BUSINESS WIRE)--LaBarge, Inc. (NYSE Amex: LB) has received a $1.5 million contract from Northrop Grumman Corporation (NYSE: NOC - News) to continue to produce electronic assemblies for the fire control radar system of the F-16 fighter aircraft. LaBarge has supported the program since 2003.

The AN/APG-68 fire control radar provides multiple modes, including long-range, all-aspect detection and tracking, simultaneous multiple target tracking and high-resolution ground mapping. Lockheed Martin is the prime contractor for the F-16 aircraft.

Production on the contract at LaBarge's Huntsville, Ark., facility is expected to begin in December 2010 and continue through May 2011.

LaBarge, Inc. is a broad-based provider of electronics to technology-driven companies in diverse markets. The Company provides its customers with sophisticated electronic and electromechanical products through contract design and manufacturing services. Headquartered in St. Louis, LaBarge has operations in Arkansas, Missouri, Oklahoma, Pennsylvania, Texas and Wisconsin. The Company's Web site may be accessed athttp://www.labarge.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from such statements due to a variety of factors that could adversely affect LaBarge, Inc.'s operating results. These risks and factors are set forth in documents LaBarge, Inc. files with the Securities and Exchange Commission, specifically in the Company's most recent Annual Report on Form 10-K and other reports it files from time to time. These forward-looking statements speak only as of the date such statements were made, or as of the date of the report or document in which they are contained, and the Company undertakes no obligation to update such information.

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