LaBarge Awarded $2.9 Million Contract from General Dynamics on Aegis Weapon System.ST. LOUIS -- LaBarge, Inc. (AMEX AMEX See: American Stock Exchange : LB) has been awarded a $2.9 million contract from General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. Armament and Technical Products to continue producing high-level electronic assemblies for the Aegis Weapon System. The Aegis Weapon System is the world's premier naval surface weapon system. It seamlessly integrates the AN/SPY-1D(V) radar, the Mk 41 Vertical Launching System For the Brazilian Space Agency launcher, see . A Vertical Launching System (VLS) is a type of missile-firing system used aboard the submarines and surface vessels of several navies around the world. and a family of U.S. Navy missiles with its own command and control system. Aegis also is the heart of the U.S. Navy's sea-based missile defense system Noun 1. missile defense system - naval weaponry providing a defense system missile defence system naval weaponry - weaponry for warships , one of the first operationally deployed components of the nation's layered network of defenses against cruise and ballistic missile attacks. LaBarge has manufactured a variety of high-performance electronic assemblies for the Aegis program for more than a decade. Production on this latest contract is expected to begin in January 2008 and continue through October 2008 at LaBarge's Huntsville, Ark., facility. 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 The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). products through contract design and manufacturing services. Headquartered in St. Louis, LaBarge has operations in Arkansas, Missouri, Oklahoma, Pennsylvania and Texas. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other reports it files from time to time. |
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