LaBarge Awarded $4.5 M for Upgraded Missile Launch System

(St. Louis, May 21, 2008) -- LaBarge, Inc. (AMEX: LB) has secured a multiyear agreement with Raytheon Missile Systems to provide complex cable assemblies for the upgraded Rolling Airframe Missile (RAM) Guided Missile Weapon System. For fiscal 2008, initial releases under the agreement total approximately $1.4 million. The total anticipated value of the agreement for LaBarge through 2011 is $4.5 million. Production on the contract has begun at LaBarge's Berryville, Ark., operation.

The RAM system is one of the world's most modern ship self-defense weapons, designed specifically to provide exceptional protection for ships of all sizes. The system was first designed to destroy anti-ship missiles and has evolved to be able to engage helicopters, aircraft and surface threats. RAM is installed, or planned for installation, on more than 100 ships in the navies of the United States, Germany, South Korea, Greece and Egypt. Since its initial deployment in 1993, RAM has demonstrated extraordinary reliability in the fleets. The cables built by LaBarge will be used in the RAM launcher.

Source : LaBarge Inc.

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