For the year, the EMS company reported profits fell 17% to $2.4 million, despite a $20.4 million jump in revenue, to $136.4 million.
ST. LOUIS -- Northrop Grumman awarded LaBarge Inc. a $3.5 million contract to continue to produce electronics equipment for the AN/AAQ-24(V) NEMESIS Directional Infrared Countermeasure (DIRCM) system. LaBarge has worked on the program for nearly a decade.
Production at LaBarge's Tulsa, OK., facility is expected to begin in
April and continue through June, the EMS company said.