LaBarge Awarded $2.6 M From Raytheon for Torpedo Programs
(St. Louis, November 17, 2009) -- LaBarge, Inc. (NYSE Amex: LB) has been awarded a $2.6 million contract from the Raytheon Company to provide wiring harnesses for the MK 48 and MK 54 torpedoes. The contract represents the first time LaBarge has supplied product for the two torpedo programs.Primarily launched from submarines, the MK 48 is a heavyweight torpedo designed for anti-submarine and anti-surface warfare, in both littoral and deep-water environments. The MK 54 is a lightweight torpedo that can be launched from surface ships, helicopters or planes to track, classify and destroy underwater targets in both deep and shallow water.
Source : LaBarge Inc.

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