LaBarge Awarded $3.2 M for US Marines H-1 Upgrade Program
(St. Louis, August 4, 2008) -- LaBarge, Inc. (AMEX: LB) has received a $3.2 million contract from Bell Helicopter, a Textron Inc. (NYSE: TXT) company, to continue to produce electronic assemblies for the H-1 Upgrade Program for helicopters used by the U.S. Marine Corps.
The H-1 Upgrade Program is expected to provide much-needed modernization for the Marine Corps' aging helicopter fleet. This program currently calls for 280 upgraded utility or attack aircraft 100 UH-1Ys and 180 AH-1Zs.
Source : LaBarge Inc.
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