Last $13.25 USD
Change Today +0.08 / 0.61%
Volume 38.5K
LMIA On Other Exchanges
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

lmi aerospace inc (LMIA) Snapshot

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07/26/13 - $19.64
52 Week Low
11/12/13 - $10.81
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lmi aerospace inc (LMIA) Details

LMI Aerospace Inc. provides structural assemblies, kits and components, and design engineering services to the aerospace and defense markets in the United States. The company’s Aerostructures segment fabricates, machines, finishes, integrates, assembles, and kits machined and formed close tolerance aluminum, specialty alloy and composite components, and assemblies. Its products include wing slats and flap skins/components, and ailerons; winglet edges and modification kits; fuselage and wing skins; helicopter cabin and aft section components and assemblies; wing panels; tail cone assemblies; thrust reversers and engine nacelles/cowlings; door components, assemblies, and floor beams; cockpit window frames and landing light lens assemblies; and cockpit crew floor and bulkhead structure assemblies. This segment also provides wheel well and electronic rack assemblies; interior components; structural sheet metal, machined, milled, and extruded components; housings and assemblies for gun turrets; auxiliary power unit components; fans and heat exchangers; electronic rack assembly; and assemblies and components for rail yard switching equipment. Its Engineering Services segment offers engineering design, analysis, repair, certification, and program management services. This segment provides structural design and analysis services, including wing/wingbox, fixed and moveable leading edges/trailing edges, empennage, and tail cone design; winglet/wing mod design; nacelle, engine cowl, and thrust reverser design; weight improvement engineering; helicopter fuselage, cockpit, cabin frames, skins, longerons, and beams; and aircraft modification engineering services. It also offers systems design and integration; tool design and fabrication; manufacturing engineering; after-market engineering and support; aviation training system; aviation maintenance engineering; and aviation system software engineering services. The company was founded in 1948 and is based in St. Charles, Missouri.

2,330 Employees
Last Reported Date: 03/17/14
Founded in 1948

lmi aerospace inc (LMIA) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $190.8K
President of Valent Aerostructures, LLC
Total Annual Compensation: $324.3K
President of Engineering Services
Total Annual Compensation: $318.0K
Chief Operating Officer of Aerostructures Seg...
Total Annual Compensation: $299.2K
Vice President of Human Resources & Organizat...
Total Annual Compensation: $234.4K
Compensation as of Fiscal Year 2013.

lmi aerospace inc (LMIA) Key Developments

LMI Aerospace, Inc. Announces Appointments to Board of Directors

LMI Aerospace Inc. announced that its board of directors appointed Gerald E. Daniels and Gregory L. Summe to the board. Daniels, is a retired aerospace/defense industry executive. He served as chief executive of the Boeing Military Aircraft and Missile Systems Company and as chief executive and vice chairman of Engineered Support Systems Inc. Summe, is the Founder and Managing Partner of Glen Capital Partners LLC.

LMI Aerospace Inc. - Shareholder/Analyst Call

Annual shareholder meeting

LMI Aerospace Inc. Announces Closing of its $250 Million Senior Secured Notes Offering and Refinancing of Its Senior Secured Credit Facility

LMI Aerospace Inc. announced the completion of its previously announced private placement of $250 million in aggregate principal amount of its 7.375% second-priority senior secured notes due 2019. LMI Aerospace used the net proceeds of the Offering, together with borrowings under its New Revolving Credit Facility to repay the full amounts outstanding under its existing senior secured credit facility and to pay related fees and expenses. Concurrent with the completion of the Offering, LMI Aerospace also entered into a new $90 million revolving credit facility that matures in June 2019. The closing of the Offering and the New Revolving Credit Facility completes LMI Aerospace's refinancing of its Existing Credit Facility, consisting of its $125 million revolving credit facility and $225 million term loan B facility that were scheduled to mature in December 2017 and December 2018, respectively.


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