|LaBarge, Inc. (NYSE Amex: LB), a provider of electronics manufacturing services (EMS), has been awarded contracts valued at $4.5 million from Raytheon Missile Systems to continue to provide complex cable harnesses for the Tactical Tomahawk cruise missile.
The U.S. Navy deploys Tactical Tomahawk missiles from surface ships and submarines. The Tomahawk is the Navy's precision strike, long-range standoff weapon.
Production on the contracts will take place at LaBarge's Berryville, AR and Joplin operations and is expected to begin in May 2011 and continue through July 2012. LaBarge is a Raytheon preferred supplier and a recipient of Raytheon's Six Sigma Relationship Award and prestigious Leadership Excellence Award.
A broad-based provider of electronics to technology-driven companies in diverse markets, La Barge provides its customers with sophisticated electronic and electromechanical products through contract design and manufacturing services. Headquartered in St. Louis, the company has operations in Arkansas, Missouri, Oklahoma, Pennsylvania, Texas and Wisconsin.