Labarge Awarded $6.1 Million Contract from BAE Systems for DDG 1000 Zumwalt Destroyer Program
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ST. LOUIS, July 23, 2009....LaBarge, Inc. (NYSE Amex: LB) has been awarded a $6.1 million contract from BAE Systems to continue to produce electronic assemblies for the Advanced Gun System (AGS) for the first two of three anticipated DDG 1000 Zumwalt destroyers that will be built for the U.S. Navy.
The DDG 1000 is tailored for land attack and littoral dominance, and will operate as an integral part of joint and combined expeditionary forces. The AGS is expected to provide firepower against a wide range of littoral and inland targets, as well as highly advanced gunfire capabilities for anti-surface warfare.
The Company expects this latest award will continue production on the AGS program at its Huntsville, Ark., facility through December 2009.
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 at www.labarge.com.
Contact:
Colleen Clements
314-997-0800, ext. 409
colleen.clements@labarge.com
