LaBarge, Inc. (AMEX: LB) has received a $6.3 million contract from United Launch Alliance (ULA) to produce complex wire harnesses for the Atlas V launch vehicle. ULA is a joint venture between The Boeing Company and Lockheed Martin to support U.S. government missions in space with reliable and cost-effective launch service solutions. LaBarge anticipates follow-on orders.
For the past 15 years, LaBarge has made wire harnesses for the Atlas family of launch vehicles, which take satellites into orbit. The Atlas V was developed for the U.S. Air Force’s Evolved Expendable Launch Vehicle (EELV) program. ULA’s Atlas, along with the Delta IV and Delta II, provides launch services for Air Force, NASA and National Reconnaissance Office missions.
Production is taking place in Berryville, Ark., and is expected to continue through early 2010. 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 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 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.
