LaBarge Awarded $1.2 Million Contract from Raytheon for RAM Guided Missile Launch System

ST. LOUIS--(BUSINESS WIRE)--LaBarge, Inc. (NYSE Amex: LB) has received a $1.2 million contract from Raytheon Missile Systems (NYSE: RTN) to provide printed circuit card assemblies for the Rolling Airframe Missile (RAM) Guided Missile Weapon System.

“LaBarge has produced a variety of complex wiring harnesses for the RAM missile system for two decades. This new contract expands LaBarge’s support of Raytheon’s missile system to include electronic assemblies”

“LaBarge has produced a variety of complex wiring harnesses for the RAM missile system for two decades. This new contract expands LaBarge’s support of Raytheon’s missile system to include electronic assemblies,” said Craig LaBarge, chief executive officer and president.

RAM is a supersonic, lightweight, quick reaction, fire-and-forget missile. The system’s autonomous dual-mode, passive radio frequency and infrared guidance design provides high-firepower capability for engaging multiple threats simultaneously. RAM allows vessels of all sizes to defend against anti-ship missiles and other threats. Produced in partnership by Raytheon and RAMSYS of Germany, RAM is aboard more than 100 ships as an integral self-defense weapon for the navies of the United States, Germany, Korea, Greece, Egypt, the United Arab Emirates and Turkey.

LaBarge, a Raytheon preferred supplier, will perform the work at its Tulsa, Okla., facility. Production is expected to begin in July 2010 and continue through June 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 at http://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.