Feb 22 2011
LaBarge, Inc. (NYSE Amex: LB), a provider of electronics manufacturing services (EMS), has received a $3.8 million contract from Bell Helicopter, a Textron Inc. (NYSE: TXT) company, to continue to produce electronic assemblies for the H-1 Upgrade Program for helicopters used by the U.S. Marine Corps.
Just as the UH-1N is being rebuilt and redesigned into the UH-1Y, the U.S. Marine Corps Attack helicopters AH-1W are being rebuilt and redesigned into the AH-1Z as well. The traditional reliability of the Huey series now contributes to the outstanding performance, state-of-the-art dynamics and avionics of the H1 Upgrade Program.
Production on this contract at LaBarge's Huntsville, Ark., facility began in January and is expected to continue through June 2013 for the box-level assemblies. The company has supported the H-1 Upgrade Program since 2004.