ST. LOUIS -- Electronics manufacturing services (EMS) provider LaBarge, Inc. (AMEX:LB) has been awarded a contract from The Boeing Company (NYSE:BA) to produce wiring harnesses for the Aegis Ballistic Missile Defense (BMD) Standard Missile-3 (SM-3) System. The SM-3 is part of the sea-based Defense System for the Missile Defense Agency and will be deployed on Aegis cruisers and destroyers to provide allied forces and the United States protection against short- to medium-range ballistic missile threats in the midcourse phase of flight.
The LaBarge-built cables are part of the SM-3 Kinetic Warhead. On Feb. 20, 2008, during a real-world mission, the U.S. Missile Defense Agency and the U.S. Navy intercepted and destroyed a non-functioning satellite with the Aegis SM-3 launched from the USS Lake Erie. Raytheon is the prime integrator of the SM-3. Boeing is a subcontractor to Raytheon.
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Production on the contract has begun and is expected to continue through June 2011 at LaBarge's Joplin, Mo., operation. Financial terms were not disclosed. LaBarge anticipates follow-on orders.
More Info: www.labarge.com
