| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
13 |
| Employees |
1,970 |
| Revenues (TTM) (Millions $) |
343 |
| Net Income (TTM) (Millions $) |
-40 |
| Cash Flow (TTM) (Millions $) |
-1 |
| Capital Exp. (TTM) (Millions $) |
18 |
Business Description
LMI Aerospace Inc. is a leading provider of structural assemblies, kits, and components for the aerospace industry. The company primarily serves commercial, business, and regional aviation customers, as well as defense customers. Headquartered in St. Charles, Missouri, LMI Aerospace has facilities across the United States, in Mexico, and in Taiwan.
LMI Aerospace's history dates back to the early 1940s, when it was founded as Linden Plastics Co. The company initially produced fiberglass and plastic parts for a variety of industries, including aviation. In the 1970s, the company shifted its focus to aerospace and defense, and changed its name to LMI Corporation.
Today, LMI Aerospace operates as two business segments: Aerostructures, and Engineering Services. The Aerostructures segment is focused on the design and manufacture of structural components, assemblies, and kits for commercial and business aviation, regional jets, and military aircraft. This includes fuselage sections, wing components, and composite structures. The Engineering Services segment provides engineering and design support services, as well as prototype development and testing.
The company's customer base includes major aircraft manufacturers such as Boeing, Airbus, Bombardier, and Lockheed Martin, as well as military customers such as the US Air Force and Navy. LMI Aerospace has also established partnerships with other aerospace suppliers, such as Spirit AeroSystems and Triumph Group, to jointly produce structural components and assemblies.
In addition to aerospace products, LMI Aerospace also offers a range of services to its customers, including program management, supply chain management, and customer support. The company is committed to providing high-quality products and services, and has established a strong reputation in the aerospace industry for its reliability and expertise.
LMI Aerospace has been recognized for its success and innovation in the industry. The company has received numerous awards, such as the Boeing Performance Excellence Award, which recognizes top-performing suppliers, and the Spirit AeroSystems Supplier Excellence Award, which recognizes suppliers for outstanding performance and quality.
Overall, LMI Aerospace Inc. is a highly-respected and established aerospace supplier, offering a wide range of products and services to its customers. Its expertise in structural components and its commitment to quality and innovation have made it a trusted partner for major aircraft manufacturers and military customers alike.
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