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LABARGE ANNOUNCES NEW COMMERCIAL CONTRACTS VALUED AT $3.7 MILLION

 ST. LOUIS, Dec. 8 /PRNewswire/ -- LaBarge, Inc. (AMEX: LB), announced today the receipt of new commercial contracts valued at $3.7 million for the production and test of data collection equipment for the oil field services market.
 The contracts, from two large oil field services companies, are split equally between a portable data acquisition computer for monitoring and controlling down hole service operations and a controller for surface and bottom hole pump drives.
 The data acquisition computer is portable, rugged, and shock and water resistant. It is to be used in performing activities such as cementing, fracturing and acidizing. The controller has similar characteristics in that it monitors and controls the operations of surface and down hole pump drives.
 "We are quite pleased to receive these contracts. We expect them to lead to other opportunities in the oil field services marketplace. This is another example of our ability to successfully convert more of our capacity to the manufacture of sophisticated commercial products. Our continued thrust is to strengthen and expand our commercial business," said Craig E. LaBarge, chief executive officer and president of LaBarge, Inc.
 LaBarge also manufactures products for the medical, aerospace and aircraft engine markets, as well as sophisticated electronic components for the defense industry.
 LaBarge, Inc., recently announced results for its fiscal first quarter, ended Oct. 3, 1993. Net earnings were $603,000, up 58% while sales were $19,608,000, up 10%, all compared to the prior year's first quarter.
 -0- 12/8/93
 /CONTACT: LaBarge, Inc., 314-231-5960/
 (LB)


CO: LaBarge, Inc. ST: Missouri IN: ARO SU: CON

TW-MP -- NY054 -- 1748 12/08/93 12:08 EST
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Publication:PR Newswire
Date:Dec 8, 1993
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