<p>A latch assembly for releasably securing a first member in a closed position relative to a second member is disclosed. The latch assembly includes a frame, a rotary pawl, a locking member, a handle, and a lock plug. The frame is adapted for attachment to the first member. The handle is pivotally attached to the frame and is movable between a closed position and an open position. The locking member retains the pawl in the latched position when the locking member is in an undeflected configuration. The handle causes the locking member to deflect and release the pawl from a latched position when the lacking member is in an unlocked position and the handle is moved to the open position. The lock barrel is supported by the frame and can selectively move the locking member to a locked position where the locking member cannot be actuated by the handle.</p>
