<PAGE>
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  FORM 10-Q/A

                   QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934



For the Quarter Ended December 30, 2001           Commission file number: 1-5761
--------------------------------------------------------------------------------

                                  LABARGE, INC.
--------------------------------------------------------------------------------
             (Exact Name of Registrant as specified in its charter)


             DELAWARE                                      73-0574586
---------------------------------------     ------------------------------------
    (State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization)                    Identification No.)



  9900A Clayton Road, St. Louis, Missouri                          63124
--------------------------------------------------------------------------------
             (Address)                                           (Zip Code)

                                 (314) 997-0800
--------------------------------------------------------------------------------
              (Registrant's telephone number, including Area Code)

                                       N/A
--------------------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)




Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes |X|. No |_|.

Indicate the number of shares outstanding of each of the Issuer's classes of
common stock as of December 30, 2001. 14,971,398 shares of common stock.


<PAGE>


                                  LABARGE, INC.
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)

                  (dollars in thousands except per share data)


<TABLE>
<CAPTION>
                                                            THREE MONTHS ENDED                   SIX MONTHS ENDED
                                                    -------------------------------------------------------------------
                                                       DECEMBER 30,       December 31,   DECEMBER 30,      December 31,
                                                           2001               2000         2001               2000
-----------------------------------------------------------------------------------------------------------------------
<S>                                                     <C>              <C>           <C>                 <C>
NET SALES                                               $   31,495       $  26,923     $   63,603          $   51,207
-----------------------------------------------------------------------------------------------------------------------

COSTS AND EXPENSES:
    Cost of sales                                           24,825          21,383         50,713              40,120
    Selling and administrative expense                       4,476           4,052          8,831               8,240
    Interest expense                                           336             557            652               1,095
    Other income, net                                         (102)           (327)          (197)               (606)
-----------------------------------------------------------------------------------------------------------------------

Income before income taxes                                   1,960           1,258          3,604               2,358
Income tax expense                                             760             532          1,369                 997
-----------------------------------------------------------------------------------------------------------------------

NET EARNINGS                                            $    1,200       $     726     $    2,235          $    1,361
=======================================================================================================================

BASIC NET EARNINGS PER SHARE                            $      .08       $     .05     $      .15          $      .09
AVERAGE COMMON SHARES OUTSTANDING                           14,961          14,899         14,971              14,884
=======================================================================================================================

DILUTED NET EARNINGS PER SHARE                          $      .08       $     .05     $      .15          $      .09
AVERAGE DILUTED COMMON SHARES OUTSTANDING
                                                            15,364          14,899         15,254              14,884
=======================================================================================================================
</TABLE>

         See accompanying notes to consolidated financial statements.




                                       2
<PAGE>




                                  LABARGE, INC.
                           CONSOLIDATED BALANCE SHEETS
                                   (Unaudited)
                             (dollars in thousands)
<TABLE>
<CAPTION>
                                                                                     DECEMBER 30,           July 1,
                                                                                         2001                2001
------------------------------------------------------------------------------------------------------------------------
<S>                                                                                  <C>                  <C>
ASSETS
CURRENT ASSETS:
    Cash and cash equivalents                                                         $     2,322         $     666
    Accounts and notes receivable, net                                                     11,888            16,946
    Inventories                                                                            22,666            23,212
    Prepaid expenses                                                                          700               727
    Deferred tax assets, net                                                                  923             1,087
------------------------------------------------------------------------------------------------------------------------

       TOTAL CURRENT ASSETS                                                           $    38,499         $  42,638
------------------------------------------------------------------------------------------------------------------------

PROPERTY, PLANT AND EQUIPMENT, NET                                                         13,231            13,113
DEFERRED TAX ASSETS, NET                                                                    1,039             1,908
INTANGIBLE ASSETS, NET                                                                      4,927             4,693
OTHER ASSETS, NET                                                                           5,339             5,186
------------------------------------------------------------------------------------------------------------------------

                                                                                      $    63,035         $  67,538
========================================================================================================================
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
    Short-term borrowings                                                             $     2,650         $   2,500
    Current maturities of long-term debt                                                    1,758             1,779
    Trade accounts payable                                                                  7,734             9,605
    Accrued employee compensation                                                           5,342             5,965
    Other accrued liabilities                                                                 886             3,899
------------------------------------------------------------------------------------------------------------------------

       TOTAL CURRENT LIABILITIES                                                      $    18,370         $  23,748
------------------------------------------------------------------------------------------------------------------------

OTHER LONG-TERM LIABILITIES                                                                 1,616               953
LONG-TERM DEBT                                                                              5,621             7,500
SUBORDINATED DEBT                                                                           5,621             5,621
------------------------------------------------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY:
Common stock, $.01 par value. Authorized 40,000,000 shares; issued 15,773,253
 shares at December 30, 2001 and 15,773,253 at July 1, 2001, including shares in
 treasury                                                                                     158               158
Additional paid-in capital                                                                 13,520            13,569
Retained earnings                                                                          21,041            18,806
Accumulated other comprehensive loss                                                         (164)              (97)
Less cost of common stock in treasury, shares at 825,519 at
  December 30, 2001 and 812,176 shares at July 1, 2001                                     (2,748)           (2,720)
------------------------------------------------------------------------------------------------------------------------

    TOTAL STOCKHOLDERS' EQUITY                                                             31,807            29,716
------------------------------------------------------------------------------------------------------------------------

                                                                                      $    63,035         $  67,538
========================================================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.


                                       3
<PAGE>


                                  LABARGE, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)

                             (dollars in thousands)
<TABLE>
<CAPTION>
                                                                                                     SIX MONTHS ENDED
                                                                                         --------------------------------------
                                                                                             DECEMBER 30,        December 31,
                                                                                                 2001                2000
-------------------------------------------------------------------------------------------------------------------------------
<S>                                                                                      <C>                     <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings                                                                                  $   2,235           $     1,361
    Adjustments to reconcile net cash provided by
     operating activities:
       Depreciation and amortization                                                              1,108                 1,523
       Deferred taxes                                                                             1,033                   378
       Other                                                                                         23                     3
    Changes in assets and liabilities, net of acquisitions:
          Accounts and notes receivable, net                                                      5,057                 3,802
          Inventories                                                                               546                (2,790)
          Prepaid expenses                                                                           27                    52
          Trade accounts payable                                                                 (1,871)                1,840
          Accrued liabilities and other                                                          (3,039)                2,657
-------------------------------------------------------------------------------------------------------------------------------

NET CASH PROVIDED BY OPERATING ACTIVITIES                                                         5,119                 8,826
-------------------------------------------------------------------------------------------------------------------------------
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property, plant and equipment                                                         (481)                 (851)
Additions to other assets                                                                        (1,154)                 (464)
-------------------------------------------------------------------------------------------------------------------------------

NET CASH USED BY INVESTING ACTIVITIES                                                            (1,635)               (1,315)
-------------------------------------------------------------------------------------------------------------------------------

CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of long-term debt                                                                     (1,900)                 (905)
(Purchase) sale of common stock                                                                     (78)                  106
Net change in short-term borrowings                                                                 150                (4,543)
-------------------------------------------------------------------------------------------------------------------------------

NET CASH USED BY FINANCING ACTIVITIES                                                            (1,828)               (5,342)
-------------------------------------------------------------------------------------------------------------------------------

NET INCREASE IN CASH AND CASH EQUIVALENTS                                                         1,656                 2,169
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR                                                      666                   734
-------------------------------------------------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS AT END OF PERIOD                                                    $   2,322           $     2,903
===============================================================================================================================
</TABLE>

See accompanying notes to consolidated financial statements.




                                       4
<PAGE>


                                  LABARGE, INC.
                                  FORM 10-Q/A

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)


1. CONSOLIDATED FINANCIAL STATEMENTS - BASIS OF PRESENTATION

The consolidated balance sheets at December 30, 2001 and July 1, 2001, the
related consolidated statements of operations for the three and six months ended
December 30, 2001 and December 31, 2000 and the consolidated statements of cash
flows for the six months ended December 30, 2001 and December 31, 2000, have
been prepared by LaBarge, Inc. (the "Company") without audit. In the opinion of
management, adjustments, all of a normal and recurring nature, necessary to
present fairly the financial position and the results of operations and cash
flows for the aforementioned periods, have been made. Certain prior year amounts
have been reclassified to conform with the current year's presentation.

Certain information and footnote disclosures normally included in consolidated
financial statements prepared in conformity with generally accepted accounting
principles have been condensed or omitted. These consolidated financial
statements should be read in conjunction with the audited financial statements
and notes thereto included in the Company's Annual Report on Form 10-K for the
fiscal year ended July 1, 2001.


2. GROSS AND NET SALES

Gross and net sales consist of the following:
(dollars in thousands)
<TABLE>
<CAPTION>
                                                            THREE MONTHS ENDED                   SIX MONTHS ENDED
                                                    ----------------------------------------------------------------------
                                                       DECEMBER 30,       December 31,     DECEMBER 30,       December 31,
                                                           2001               2000             2001               2000
--------------------------------------------------------------------------------------------------------------------------
<S>                                                 <C>                   <C>             <C>                 <C>
Gross sales                                             $  31,923          $  27,004      $   65,041          $  51,871
Less sales discounts and
  milestone liquidations                                      428                 81           1,438                664
--------------------------------------------------------------------------------------------------------------------------
Net sales                                               $  31,495          $  26,923      $   63,603          $  51,207
==========================================================================================================================
</TABLE>

The Company accepts sales discounts from a few customers in the normal course of
business.





                                       5
<PAGE>

3. ACCOUNTS AND NOTES RECEIVABLE

Accounts and notes receivable consist of the following:
(dollars in thousands)
<TABLE>
<CAPTION>
                                                                    DECEMBER 30,                     July 1,
                                                                        2001                           2001
---------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>                           <C>
Billed shipments, net of progress payments                          $   12,016                    $   16,703
Less allowance for doubtful accounts                                       257                           289
---------------------------------------------------------------------------------------------------------------------
Trade receivables, net                                                  11,759                        16,414
Other current receivables                                                  129                           532
---------------------------------------------------------------------------------------------------------------------
                                                                    $   11,888                    $   16,946
=====================================================================================================================
</TABLE>

Progress payments are payments from customers in accordance with contractual
terms for contract costs incurred to date. Such payments are credited to the
customer at the time of shipment.

At December 30, 2001 and July 1, 2001, other current receivables include $0 and
$346,000 of customer payments to be received as a settlement under a prior claim
for material.

For the six months ending December 30, 2001 and twelve months ending at July 1,
2001, expense for doubtful accounts charged to income before income taxes was
$26,000 and $324,000.


4. INVENTORIES

Inventories consist of the following:
(dollars in thousands)

<TABLE>
<CAPTION>
                                                                     DECEMBER 30,                  July 1,
                                                                         2001                      2001
---------------------------------------------------------------------------------------------------------------------
<S>                                                                  <C>                         <C>
Raw materials                                                         $   12,460                  $   11,554
Work in progress                                                          11,964                      13,028
Less reserve for obsolescence                                                874                         755
---------------------------------------------------------------------------------------------------------------------
                                                                          23,550                      23,827
Less progress payments                                                       884                         615
---------------------------------------------------------------------------------------------------------------------
                                                                      $   22,666                  $   23,212
=====================================================================================================================
</TABLE>

In accordance with contractual agreements, the U.S. Government has a security
interest in inventories identified with related contracts for which progress
payments have been received.

For the six months ending December 30, 2001 and the twelve months ending July 1,
2001, expense for inventory reserves charged to income before income taxes was
$312,000 and $1.1 million.



                                       6

<PAGE>

5. INTANGIBLE ASSETS, NET

Intangible assets, net, is summarized as follows:
(dollars in thousands)
<TABLE>
<CAPTION>
                                                                       DECEMBER 30,                  July 1,
                                                                           2001                       2001
---------------------------------------------------------------------------------------------------------------------
<S>                                                                    <C>                        <C>
Software                                                                $   1,900                  $    1,598
Patents                                                                       110                          91
Goodwill                                                                    6,694                       6,694
---------------------------------------------------------------------------------------------------------------------
                                                                        $   8,704                  $    8,383
Less amortization                                                           3,777                       3,690
---------------------------------------------------------------------------------------------------------------------
                                                                        $   4,927                  $    4,693
=====================================================================================================================
</TABLE>

In July 2001, the Financial Accounting Standards Board ("FASB") issued Statement
No. 142, "Goodwill and Other Intangible Assets." Statement 142 requires that
goodwill and intangible assets with indefinite useful lives no longer be
amortized, but instead tested for impairment at least annually in accordance
with the provisions of Statement 142. Statement 142 also requires that
intangible assets with definite useful lives be amortized over their respective
estimated useful lives to their estimated residual values, and reviewed for
impairment in accordance with SFAS No. 121, "Accounting for the Impairment of
Long-Lived Assets and for Long-Lived Assets to be Disposed Of."

The Company adopted the provisions of Statement 142 in the first quarter, ended
September 30, 2001.

Goodwill amortization expense was $0 for the three and six months ended December
30, 2001. Goodwill amortization expense was $226,000 for the second quarter and
$453,000 for the six months, ended December 31, 2000.


6. OTHER ASSETS

Other assets is summarized as follows:
(dollars in thousands)
<TABLE>
<CAPTION>
                                                                      DECEMBER 30,                    July 1,
                                                                          2001                         2001
---------------------------------------------------------------------------------------------------------------------
<S>                                                                   <C>                         <C>
Cash value of life insurance                                           $   4,372                   $    4,220
Deposits, licenses, and other                                                878                          871
Investments in businesses                                                    136                          136
---------------------------------------------------------------------------------------------------------------------
                                                                       $   5,386                   $    5,227
Less amortization                                                             47                           41
---------------------------------------------------------------------------------------------------------------------
                                                                       $   5,339                   $    5,186
=====================================================================================================================
</TABLE>

Investments in businesses primarily refers to securities of Norwood Abbey, Ltd.,
held by the Company.



                                       7

<PAGE>

7. SHORT- AND LONG-TERM OBLIGATIONS

Short-term borrowings, long-term debt and the current maturities of long-term
debt consist of the following: (dollars in thousands)

<TABLE>
<CAPTION>
                                                                            DECEMBER 30,              July 1,
                                                                                2001                    2000
---------------------------------------------------------------------------------------------------------------------
<S>                                                                         <C>                     <C>
Short-term borrowings:
  Revolving credit agreement:
     Balance at period-end                                                   $    2,650             $    2,500
     Interest rate at period-end                                                   2.67%                  4.78%
     Average amount of short-term borrowings outstanding during period       $    2,538             $    7,275
     Average interest rate for period                                              4.32%                  8.30%
     Maximum short-term borrowings at any month-end                          $    3,282             $   13,302
=====================================================================================================================
Senior long-term debt:
  Senior lender:
     Term loan                                                               $    1,551             $    2,336
     Mortgage loan                                                                4,841                  5,895
  Other                                                                             987                  1,048
---------------------------------------------------------------------------------------------------------------------
Total senior long-term debt                                                       7,379                  9,279
Less current maturities                                                           1,758                  1,779
---------------------------------------------------------------------------------------------------------------------
Long-term debt, less current maturities                                      $    5,621             $    7,500
=====================================================================================================================
Subordinated debt                                                            $    5,621             $    5,621
=====================================================================================================================
</TABLE>

The average interest rate was computed by dividing the sum of daily interest
costs by the sum of the daily borrowings for the respective periods.

SENIOR LENDER:
The Company has a senior, secured loan agreement with a bank. The following is a
summary of the agreement:

-    A term loan, with a current balance of $1.6 million, requiring repayments
     of $393,000 of principal quarterly.

-    A revolving credit facility up to $18.0 million based on a borrowing base
     formula equal to the sum of 85% of eligible receivables, 50% of eligible
     finished goods inventories, 30% of other eligible inventories, 50% of the
     net book value of equipment and 75% of the net book value of real property
     less the current term loan balance and outstanding letters of credit. As of
     December 30, 2001, the maximum allowable was $14.9 million. The revolver
     borrowing at quarter-end was $2.7 million, and letters of credit
     outstanding totaled $2.0 million. Unused revolving credit available at
     December 30, 2001 was $10.2 million. This credit facility matures in
     February 2002. It is the Company's intention to renew or replace this
     credit facility.

-    Covenants and performance criteria which involve Earnings Before Interest,
     Taxes, Depreciation and Amortization ("EBITDA") in relation to debt and, in
     addition, after June 30, 2000, EBITDA in relation to fixed charges. The
     Company is in compliance with its borrowing agreement covenants for the
     quarter ended December 2001.




                                       8
<PAGE>

-    Interest on the loans at prime or a stated rate over LIBOR based on certain
     ratios. For the quarter, the average rate was approximately 4.32%.

-    A $6.2 million mortgage loan to finance the Company's fiscal 1998 purchase
     of its headquarters building in St. Louis, Missouri. The loan payment
     schedule is based on a 25-year amortization with a balloon final payment
     due in January 2008, and a 7.5% interest rate. The balance at quarter-end
     was $4.8 million.

OTHER LONG-TERM DEBT:
     Industrial Revenue Bonds:
     In July 1998, the Company acquired tax-exempt Industrial Revenue Bond
     financing in the amount of $1.3 million. The debt is payable over 10 years
     with an interest rate of 5.28%. This funding was used to expand the
     Berryville, Arkansas, facility. The outstanding balance at December 30,
     2001 was $987,000.

     Subordinated Convertible Notes:
     In March 1999, the Company, through its subsidiary LaBarge-OCS, Inc. issued
     its Subordinated Convertible Notes ("Notes") due June 2003 in the aggregate
     principal amount of $5.6 million for the acquisition of OCS. The Notes bear
     interest at 7.5% per annum payable quarterly, and noteholders are entitled
     to participation payments if LaBarge-OCS, Inc. achieves certain levels of
     earnings before taxes. The Notes are convertible by the holders into
     LaBarge, Inc. Common Stock at $8.00 per share at any time up to their
     maturity date.

OTHER LONG-TERM LIABILITIES:
     Other long-term liabilities include deferred revenues associated with the
     proprietary ScadaNET Network(TM) (representing prepaid communication
     services) in the amount of $1.3 million and customer advances in the amount
     of $160,000.

     To mitigate the exposure to changes in interest rates, the Company entered
     into an interest rate swap agreement with a bank on February 26, 2001 as
     amended on November 6, 2001. This agreement, designated as a cash flow
     hedge, swaps a portion of the Company's exposure to three-month LIBOR rates
     with a fixed rate of 5.95%. The notional amount of the agreement is $3.5
     million and it expires in June 2003. In accordance with SFAS 133, as
     amended by SFAS 138, the change in fair value of the swap during the second
     quarter of fiscal 2002, amounting to approximately $28,000, was recorded to
     other comprehensive loss.

SUBSEQUENT EVENTS:
     Effective February 1, 2002, the Company's revolving credit agreement was
     renewed under substantially the same terms and conditions. The new
     revolving credit agreement amount is $15.0 million and matures in May 2003.

     Also, on February 1, 2002, the outstanding balance of the senior secured
     term loan, $1.6 million, was repaid in full.



                                       9


<PAGE>

8. CASH FLOWS

Total cash payments for interest for the three and six months ended December 30,
2001 were $237,000 and $569,000 , compared with $456,000 and $1.0 million for
the three and six months ended December 31, 2000. Cash payments for federal and
state income taxes were $880,000 and $1.2 million for the three and six months
ended December 30, 2001, compared with $845,00 and $1.7 million for the three
and six months ended December 31, 2000.


9. EARNINGS PER COMMON SHARE

Basic and diluted earnings per share are computed as follows and includes
adjustments to prior period required by the adoption of FAS 142:
<TABLE>
<CAPTION>
                                                             THREE MONTHS ENDED                   SIX MONTHS ENDED
                                                     ----------------------------------- -----------------------------------
                                                        DECEMBER 30,      December 31,      DECEMBER 30,      December 31,
                                                            2001              2000              2001              2000
----------------------------------------------------------------------------------------------------------------------------
<S>                                                  <C>                  <C>             <C>                 <C>
NUMERATOR:
  Reported net earnings                                  $   1,200          $     726        $   2,235        $     1,361
  Add back:  Goodwill amortization expense                      --                226               --                453
----------------------------------------------------------------------------------------------------------------------------
ADJUSTED NET EARNINGS                                    $   1,200          $     952        $   2,235        $     1,814
============================================================================================================================
DENOMINATOR:
  Denominator for basic net earnings per share              14,961             14,899           14,971             14,884
----------------------------------------------------------------------------------------------------------------------------
POTENTIAL COMMON SHARES:
  Denominator for diluted net earnings per share -
  adjusted weighted-average shares and assumed
  conversions                                               15,364             14,899           15,254             14,884
----------------------------------------------------------------------------------------------------------------------------
BASIC NET EARNINGS PER SHARE:
  Reported net earnings                                  $     .08          $     .05        $     .15        $       .09
  Goodwill amortization expense                                 --                .01               --                .03
----------------------------------------------------------------------------------------------------------------------------
ADJUSTED NET EARNINGS PER SHARE                          $     .08          $      06        $     .15        $       .12
============================================================================================================================
DILUTED NET EARNINGS PER SHARE
  Reported net earnings                                  $     .08          $     .05        $     .15        $       .09
  Goodwill amortization expense                                 --                .01               --                .03
----------------------------------------------------------------------------------------------------------------------------
ADJUSTED NET EARNINGS PER SHARE                          $     .08          $     .06        $     .15        $       .12
============================================================================================================================
</TABLE>

The effect of conversion of the Subordinated Convertible Notes into common stock
is not considered in the calculations of diluted net earnings per common share
because it would have an anti-dilutive effect on earnings per share.



                                       10

<PAGE>

10. BUSINESS SEGMENT INFORMATION

Business segments:
(dollars in thousands)

NET SALES TO CUSTOMERS:
<TABLE>
<CAPTION>
                                                 THREE MONTHS ENDED                      SIX MONTHS ENDED
                                        ------------------------------------ ----------------------------------------
                                          DECEMBER 30,       December 31,        DECEMBER 30,         December 31,
                                              2001               2000                2001                 2000
  -------------------------------------------------------------------------------------------------------------------
<S>                                      <C>                <C>                  <C>                  <C>
  Manufacturing Services Group             $   30,653        $  26,565             $   61,683           $  50,560
  Network Technologies Group                      842              358                  1,920                 647
  -------------------------------------------------------------------------------------------------------------------
                                           $   31,495        $  26,923             $   63,603           $  51,207
  ===================================================================================================================
</TABLE>


EARNINGS:
<TABLE>
<CAPTION>
                                                     THREE MONTHS ENDED                    SIX MONTHS ENDED
                                            ----------------------------------- -------------------------------------
                                               DECEMBER 30,      December 31,      DECEMBER 30,       December 31,
                                                   2001              2000              2001               2000
  -------------------------------------------------------------------------------------------------------------------
<S>                                         <C>                  <C>            <C>                   <C>
  PRETAX EARNINGS:
    Manufacturing Services Group                $  2,419           $  2,349         $  4,345           $    4,657
    Network Technologies Group                      (212)              (560)            (289)              (1,159)
    Corporate and other items                         89                 26              200                  (45)
    Interest expense                                (336)              (557)            (652)              (1,095)
  -------------------------------------------------------------------------------------------------------------------
  NET EARNINGS BEFORE INCOME TAXES              $  1,960           $  1,258         $  3,604           $    2,358
  INCOME TAX EXPENSE                                 760                532            1,369                  997
  -------------------------------------------------------------------------------------------------------------------
  NET EARNINGS                                  $  1,200           $    726         $  2,235           $    1,361
  ===================================================================================================================
</TABLE>


DEPRECIATION & AMORTIZATION EXPENSE:
<TABLE>
<CAPTION>
                                                     THREE MONTHS ENDED                    SIX MONTHS ENDED
                                            ----------------------------------- -------------------------------------
                                               DECEMBER 30,      December 31,      DECEMBER 30,       December 31,
                                                   2001              2000              2001               2000
  -------------------------------------------------------------------------------------------------------------------
<S>                                            <C>               <C>              <C>                <C>
 Manufacturing Services Group                   $    419           $    375         $    824           $    784
 Network Technologies Group                           24                229               44                463
 Corporate and other items                           122                135              240                276
  -------------------------------------------------------------------------------------------------------------------
                                                $    565           $    739         $  1,108           $  1,523
 ====================================================================================================================
</TABLE>


  INVESTMENTS & CAPITAL EXPENDITURES:
<TABLE>
<CAPTION>
                                                     THREE MONTHS ENDED                    SIX MONTHS ENDED
                                            ----------------------------------- -------------------------------------
                                               DECEMBER 30,      December 31,      DECEMBER 30,       December 31,
                                                   2001              2000              2001               2000
  -------------------------------------------------------------------------------------------------------------------
<S>                                          <C>                <C>              <C>                <C>
  Manufacturing Services Group                  $    477           $   356          $  1,208           $  1,024
  Network Technologies Group                          81               212               160                248
  Corporate and other items                          411              (180)              267                 43
  -------------------------------------------------------------------------------------------------------------------
                                                $    969           $   388          $  1,635           $  1,315
  ===================================================================================================================
</TABLE>




                                       11
<PAGE>

  TOTAL ASSETS:
<TABLE>
<CAPTION>
                                                                      DECEMBER 30,                  July 1,
                                                                          2001                        2001
  -------------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>                          <C>
      Manufacturing Services Group                                   $   40,873                   $   46,150
      Network Technologies Group                                          5,612                        5,459
      Corporate and other items                                          16,550                       15,929
  -------------------------------------------------------------------------------------------------------------------
                                                                     $   63,035                   $   67,538
  ===================================================================================================================
</TABLE>


GEOGRAPHIC INFORMATION:

The Company has no sales offices or facilities outside of the United States.
Sales for export did not exceed 10% of total sales for the three months and six
months ended December 30, 2001.




                                       12
<PAGE>


                                  LABARGE, INC.
                                  FORM 10-Q/A

                      MANAGEMENT'S DISCUSSION AND ANALYSIS
                          OF RESULTS OF OPERATIONS AND
                               FINANCIAL CONDITION


FORWARD-LOOKING STATEMENTS
Statements contained in this Report which are not historical facts are
forward-looking statements within the meaning of the federal securities laws.
Forward-looking statements involve risks and uncertainties. Future events and
the Company's actual results could differ materially from those contemplated by
those forward-looking statements. Important factors which could cause the
Company's actual results to differ materially from those projected in, or
inferred by, forward-looking statements are (but are not necessarily limited to)
the following: the impact of increasing competition or deterioration of economic
conditions in the Company's markets; cutbacks in defense spending by the U.S.
Government; unexpected increases in the cost of raw materials, labor and other
resources necessary to operate the Company's business; the availability, amount,
type and cost of financing for the Company and any changes to that financing.

LaBarge, Inc. ("LaBarge" or the "Company") is a Delaware Corporation. The
Company is engaged in the following primary business activities:

-    The MANUFACTURING SERVICES GROUP is the Company's core electronics
     manufacturing services business, which has been its principal business
     since 1985. This group designs, engineers and produces sophisticated
     electronic systems and devices and complex interconnect systems on a
     contract basis for its customers. In the fiscal 2002 second quarter, the
     Company derived approximately 97% of its total revenues from this group.

     The group markets its services to companies in technology-driven industries
     desiring an engineering and manufacturing partner capable of developing and
     providing high-reliability electronic equipment, including products capable
     of performing in harsh environmental conditions, such as high and low
     temperature, severe shock and vibration. The group serves customers in a
     variety of markets with significant revenues from customers in the
     government systems, defense, aerospace, oil and gas, and other commercial
     markets. The group's engineering and manufacturing facilities are located
     in Arkansas, Missouri, Oklahoma and Texas.

     The backlog of unshipped orders in the Manufacturing Services Group
     increased to $94.6 million at December 30, 2001 compared with $89.5 million
     at December 31, 2000. The growth in backlog is the result of an improved
     and reorganized sales and marketing effort that concentrates on the
     Company's core competencies and the application of those competencies to
     targeted large customers in a variety of industries.

-    The NETWORK TECHNOLOGIES GROUP was started in fiscal 1999 through the
     acquisition of privately held Open Cellular Systems, Inc. ("OCS"). The
     group designs and markets proprietary cellular and network communication
     system products and Internet services that provide monitoring and control
     of remote industrial equipment. Results of the group are included in the
     consolidated results of the Company since the date of the OCS acquisition,
     March 2, 1999. This group is initially focusing its marketing efforts on
     the railroad industry to monitor railroad crossing equipment, and on the
     oil and gas pipeline industry to monitor cathodic protection devices. The
     Company derived 3% of its total revenues from this group for the three
     months and six months ended December 30, 2001.

     The backlog of unshipped orders in the Network Technologies Group is
     $540,000 at December 30, 2001,




                                       13
<PAGE>

     compared with $860,000 at December 31, 2000.


SIGNIFICANT EVENTS Recent significant events include:

-    In July 2001, the Financial Accounting Standards Board ("FASB") issued
     Statement No. 142, "Goodwill and Other Intangible Assets." Statement 142
     requires that goodwill and intangible assets with indefinite useful lives
     no longer be amortized, but instead tested for impairment at least annually
     in accordance with the provisions of Statement 142. Statement 142 will also
     require that intangible assets with definite useful lives be amortized over
     their respective estimated useful lives to their estimated residual values,
     and reviewed for impairment in accordance with SFAS No. 121, "Accounting
     for the Impairment of Long-Lived Assets and for Long-Lived Assets to be
     Disposed Of."

     The Company has adopted the provisions of Statement 142 with the first
     fiscal quarter ended September 30, 2001.

     Goodwill amortization expense was $0 for the quarter ended December 30,
     2001 and $226,000 for the quarter ended December 31, 2000.


RESULTS OF OPERATIONS -- THREE MONTHS ENDED DECEMBER 30, 2001
NET SALES
(dollars in thousands)
<TABLE>
<CAPTION>
                                           THREE MONTHS ENDED                           SIX MONTHS ENDED
                               ------------------------------------------ --------------------------------------------
                                   DECEMBER 30,          December 31,         DECEMBER 30,           December 31,
                                       2001                  2000                 2001                   2000
<S>                            <C>                      <C>                  <C>                    <C>
  --------------------------------------------------------------------------------------------------------------------
  Net Sales                         $   31,495           $   26,923            $   63,603            $   51,207
  ===================================================================================================================
</TABLE>

For the fiscal 2002 second quarter, ended December 30, 2001, net sales from
continuing operations were
$31.5 million compared with $26.9 million for the same period of fiscal 2001.
Sales to top 10 customers represented 79% of total revenue in the second quarter
of fiscal 2002 versus 71% for the same period of fiscal 2001. The Company's top
three customers and the portion of total second-quarter sales they represented
were as follows: Northrop Grumman, 28%; Schlumberger, 17%; and Lockheed Martin,
13%.

The MANUFACTURING SERVICES GROUP. Sales in the manufacturing services segment of
the business were $30.7 million, accounting for 97% of total sales for the
quarter ended December 30, 2001, up $4.1 million, or 15%, over the same period
of fiscal 2001.

The significant sales growth came from both government systems and defense
customers. Sales to the defense industry grew 30%, primarily consisting of
components of land-based and ship-borne radar systems. Sales of
electro-mechanical assemblies for mail sorting equipment used by the U.S. Postal
Service was the most significant contributor to the growth in government
systems, increasing 43% year over year.

NETWORK TECHNOLOGIES GROUP. Sales of the Network Technologies Group were 3% of
total sales for the quarter and six months ended December 30, 2001.

The Group generated second-quarter sales of $842,000 million versus $358,000 for
the second quarter of fiscal 2001. Sales were primarily to the railroad industry
where the Company's ScadaNET Network(TM) product is used primarily to monitor
railroad crossing equipment. The major contributor to second-quarter sales
growth was increased shipments to the Union Pacific Railroad.





                                       14
<PAGE>

The Company also began shipping small numbers of units to targeted customers in
the pipeline market where the ScadaNET Network(TM) is used to monitor the
performance of cathodic protection devices on petroleum and natural gas
pipelines.

GROSS PROFIT
(dollars in thousands)
<TABLE>
<CAPTION>
                                          THREE MONTHS ENDED                            SIX MONTHS ENDED
                              ------------------------------------------ ---------------------------------------------
                                    DECEMBER 30,          December 31,          DECEMBER 30,           December 31,
                                      2001                  2000                  2001                   2000
  --------------------------------------------------------------------------------------------------------------------
<S>                                <C>                   <C>                   <C>                    <C>
  Gross profit                     $  6,670              $   5,540             $   12,890             $   11,087
  Gross margin                         21.2%                  20.6%                  20.3%                  21.7%
  ====================================================================================================================
</TABLE>

A breakdown of margins by group shows the following:

MANUFACTURING SERVICES GROUP. This group's gross profit margin was 20.3% for the
quarter ended December 30, 2001, compared with 20.2% for the quarter ended
December 31, 2000.


NETWORK TECHNOLOGIES GROUP. This group's gross profit margin was 54.0% for the
quarter ended December 30, 2001, compared with 49.3% for the quarter ended
December 31, 2000.


SELLING AND ADMINISTRATIVE EXPENSES
(dollars in thousands)
<TABLE>
<CAPTION>
                                                      THREE MONTHS ENDED                    SIX MONTHS ENDED
                                            ------------------------------------- ------------------------------------
                                               DECEMBER 30,       December 31,       DECEMBER 30,      December 31,
                                                   2001               2000               2001              2000
  --------------------------------------------------------------------------------------------------------------------
<S>                                          <C>                <C>                <C>               <C>
  Selling and administrative expenses           $   4,476          $   4,052          $     8,831       $   8,240
  Percent of sales                                   14.2%              15.1%               13.9%            16.1%
  ====================================================================================================================
</TABLE>

Selling and administrative expenses rose for the three and six months ended
December 30, 2001, compared with the prior year's periods, as a result of
increased sales. However, selling and administrative expenses declined as a
percentage of sales reflecting the accompanying higher sales levels.

MANUFACTURING SERVICES GROUP. Selling and administrative expenses for this group
were $3.8 million (12.3% of sales) for the quarter ended December 30, 2001 and
$3.2 million (12.1% of sales) for the same period of fiscal 2001.

NETWORK TECHNOLOGIES GROUP. Selling and administrative expenses for the quarter
ended December 30, 2001 for this group were $667,000 and included no goodwill
amortization. For the same period of fiscal 2001, these expenses totaled
$736,000, including $217,000 in amortization of goodwill. Selling and
administrative expenses increased in the fiscal 2002 period due to additional
selling and development activity, larger sales volume and greater allocation of
corporate expenses.





                                       15
<PAGE>

INTEREST EXPENSE
(dollars in thousands)
<TABLE>
<CAPTION>
                                                  THREE MONTHS ENDED                      SIX MONTHS ENDED
                                        ------------------------------------- ----------------------------------------
                                           DECEMBER 30,       December 31,        DECEMBER 30,        December 31,
                                               2001               2000                2001                2000
  --------------------------------------------------------------------------------------------------------------------
<S>                                       <C>                <C>                 <C>                 <C>
  Interest expense                          $    336           $    557            $   652             $  1,095
  ====================================================================================================================
</TABLE>

Interest expense decreased for the quarter ended December 30, 2001, primarily
due to lower debt levels and lower interest rates on short-term borrowings.
Average short-term borrowings for the three- and six-month period ended December
30, 2001 were $7.8 million lower than the same periods of fiscal 2001. Average
interest rates declined 450 basis points for the six months ended December 30,
2001.


PRETAX EARNINGS
(dollars in thousands)
<TABLE>
<CAPTION>
                                                  THREE MONTHS ENDED                      SIX MONTHS ENDED
                                        ------------------------------------- ----------------------------------------

                                           DECEMBER 30,       December 31,        DECEMBER 30,        December 31,
                                               2001               2000                2001                2000
  --------------------------------------------------------------------------------------------------------------------
<S>                                       <C>                <C>                 <C>                 <C>
  Pretax earnings                           $  1,960           $  1,258            $  3,604            $  2,358
  ====================================================================================================================
</TABLE>

The increase in pretax earnings for the quarter ended December 30, 2001,
compared with the same period of fiscal 2001, is primarily attributable to
significantly higher gross profit ($1.1 million) on higher sales ($4.6 million),
a reduction in goodwill amortization expense of $226,000 and a $221,000
reduction in interest expense.


TAX EXPENSE
(dollars in thousands)
<TABLE>
<CAPTION>
                                                  THREE MONTHS ENDED                      SIX MONTHS ENDED
                                        ------------------------------------- ----------------------------------------
                                           DECEMBER 30,       December 31,        DECEMBER 30,        December 31,
                                               2001               2000                2001                2000
  --------------------------------------------------------------------------------------------------------------------
<S>                                       <C>                <C>                 <C>                 <C>
  Tax Expense                               $   760            $    532            $  1,369            $    997
  ====================================================================================================================
</TABLE>

The tax rate for the quarter ended December 30, 2001, was lower than the prior
year's fiscal second quarter due to the elimination of the non-deductible
goodwill amortization expense of $226,000.


FINANCIAL CONDITION AND LIQUIDITY
The following table shows LaBarge's equity and total debt positions:

STOCKHOLDERS' EQUITY AND DEBT
(dollars in thousands)
<TABLE>
<CAPTION>
                                                     DECEMBER 30,                         July 1,
                                                         2001                              2001
       ------------------------------------------------------------------------------------------------------
<S>                                                 <C>                               <C>
       Stockholders' equity                           $   31,807                       $   29,716
       Debt                                           $   15,650                       $   17,400
       ======================================================================================================
</TABLE>

The Company's operations provided $3.0 million and $5.1 million of net cash for
the three and six months ended December 30, 2001.



                                       16
<PAGE>

Currently, total debt-to-equity ratio for the Company is .49 to 1 versus .59 to
1 at the end of fiscal 2001.


RISK FACTORS
The Company operates in a competitive marketplace and is exposed to risks
associated with economic conditions.

The Network Technologies Group, as a relatively new operation, has used cash
during its first two years of operation. It is too early to predict the timing
and the extent of the potential widespread acceptance of this segment's products
and its contribution to future earnings and cash flow.

Overall, management believes our availability of funds going forward from cash
generated from operations and available bank credit should be sufficient to
support the planned operations and capital expenditures of the Company's
business for the next two years.

NEW ACCOUNTING STANDARDS
In July 2001, the Financial Accounting Standards Board ("FASB") issued Statement
No. 141, "Business Combinations," and Statement No. 142, "Goodwill and Other
Intangible Assets." Statement 141 requires that the purchase method of
accounting be used for all business combinations initiated or completed after
June 30, 2001. Statement 141 also specifies criteria that intangible assets
acquired in a purchase method business combination must meet to be recognized
and reported apart from goodwill. Statement 142 requires that goodwill and
intangible assets with indefinite useful lives no longer be amortized, but
instead tested for impairment at least annually in accordance with the
provisions of Statement 142. Statement 142 also requires that intangible assets
with definite useful lives be amortized over their respective estimated useful
lives to their estimated residual values, and reviewed for impairment in
accordance with SFAS No. 121, "Accounting for the Impairment of Long-Lived
Assets and for Long-Lived Assets to Be Disposed Of."

The Company has adopted the provisions of Statement 142 and has reassessed the
useful lives and residual values of all recorded intangible assets. No change in
amortization periods was made. The Company has received third party expert
advice as to the evaluation of goodwill and intangible assets value. No
impairment was required to be recorded.

SUBSEQUENT EVENTS:
Effective February 1, 2002, the Company's revolving credit agreement was renewed
under substantially the same terms and conditions. The new revolving credit
agreement amount is $15.0 million and matures in May 2003.

Also, on February 1, 2002, the outstanding balance of the Company's senior
secured term loan, $1.6 million, was repaid in full.





                                       17
<PAGE>


                                     PART II




ITEM 4.        SUBMISSION OF MATTER TO A VOTE OF SECURITY HOLDERS

               On November 14, 2001, at the Company's Annual Meeting of
               Stockholders, stockholders took the following actions:

                    a)   Elected three Class C Directors for a term ending in
                         2004 and one Class B Director for a term ending in
                         2003.
<TABLE>
<CAPTION>
                      Class C:                                 VOTES FOR                    VOTES ABSTAINING
                      -------                                  ---------                    ----------------
<S>                                                       <C>                            <C>
                          ROBERT H. CHAPMAN                      13,704,324                        94,934
                                                          --------------------------     ----------------------------
                          RICHARD P. CONERLY                     13,699,864                        99,394
                                                          --------------------------     ----------------------------
                          PIERRE L. LABARGE, JR.                 13,665,225                       134,033
                                                          --------------------------     ----------------------------
                      Class B:
                      --------
                          ROBERT G. CLARK                        13,706,463                        92,795
                                                          --------------------------     ----------------------------
</TABLE>

                    b)   Ratified the selection of KPMG LLP as independent
                         accountants for the fiscal year 2002, with 13,729,677
                         FOR votes, 46,820 AGAINST votes, and 22,761 votes
                         ABSTAINED.




ITEM 6.        EXHIBITS AND REPORTS ON FORM 8-K

               Reports on Form 8-K: Current reports on From 8-K were filed on
               the dates that follow in accordance with Regulation FD to report
               certain information the Registrant intended to present to certain
               institutional investors:

                    i.   October 8, 2001
                    ii.  November 8, 2001
                    iii. December 13, 2001.







                                       18
<PAGE>





                                    SIGNATURE




Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                      LABARGE, INC.
                                      ------------------------------------





Date:    February 14, 2002
     -----------------------


                                      /S/Donald H. Nonnenkamp
                                      ---------------------------
                                      Donald H. Nonnenkamp
                                      Vice President and Chief Financial Officer





                                       19