This paper presents a new design and implementation of a balanced armature speaker (BAS), which is composed of permanent magnetic circuits, a moving armature, and a coil. The armature rocks about a pivot with the coil at one end and the permanent magnet on another. A magnetic circuit analysis is conducted for the designed BAS to formulate the force factor, which is required for modeling the coupling between the electrical and mechanical systems. In addition, an electromechanoacoustical analogous circuit is established for the BAS, which bears the same structure as the moving coil loudspeaker, except that the force factor is different. A hybrid model, which combines the lumped parameter model in the electrical and acoustical domains with a finite element model in the mechanical domain, is developed to model the high-frequency response because of the high-order modes of the membrane, the drive rod, and the armature. The electroacoustic analysis is experimentally verified. The results indicate that the sound pressure response that is simulated using the hybrid model is in superior agreement with the measured response to that simulated using the lumped parameter model.