ST. LOUIS (AP) -- LaBarge received a $1.2 million contract from Raytheon Missile Systems to make circuit boards for a ship defense battery, the electronic systems producer said Thursday.
Navy ships use Raytheon's Rolling Airframe Missile system to defend themselves against anti-ship missiles and other threats. It is used by the navies of the U.S., Germany, Korea, Greece, Egypt, the United Arab Emirates, and Turkey.
LaBarge said it would do the work at its facility in Tulsa, Okla. Production is expected to run from this month through June 2011.
Shares of LaBarge Inc. rose 18 cents to $11.35 in morning trading. Shares of Raytheon Co. rose 60 cents to $49.41.
