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LMI Aerospace Announces Strategic Agreement With Spirit AeroSystems

ST. LOUIS, Feb. 9, 2015 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (Nasdaq:LMIA) ("LMI" or the "Company"), a leading supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, today announced that it has signed an agreement with Spirit AeroSystems Inc. (NYSE:SPR) ("Spirit") to a become strategically aligned partner.

"Spirit is one of LMI's longest and most valued relationships," said Dan Korte, Chief Executive Officer of LMI. "We are excited about our mutual commitment to this partnership."

The agreement supports a longer relationship for the two companies. "It's exciting to extend our partnering relationship with LMI. We at Spirit value their sustained commitment to high standards of quality and delivery dependability, and with our increasing production volumes, we will rely on it," said Alan Young, Chief Procurement Officer/VP Spirit Global Supply Chain.

The majority of the components and assemblies covered by this agreement support the Boeing 737NG, 737MAX, 777 and 787 aircraft.

About LMI Aerospace

LMI Aerospace, Inc. (Nasdaq:LMIA), is a leading supplier of aerostructures, engineering services, and structural testing to the commercial, business and regional, and military aerospace markets. For more than 65 years, LMI has provided solutions to its customers' most challenging problems across the entire aerospace industry. From manufacturing more than 40,000 products for integration into a variety of aircraft platforms to supporting aircraft product lifecycles and fleet support via complete turnkey engineering capabilities, LMI offers complete, integrated solutions in aerostructures, engineering and program management services. With "A Higher Level of Performance," LMI ensures every customer interaction and touch point is met with a commitment to deliver the highest-quality products, best customer service and the most outstanding value in the industry. Based in St. Louis, LMI has operations in 27 locations across the U.S. as well as internationally in England, Australia, Mexico and Sri Lanka. For more information go to www.lmiaerospace.com.

CONTACT: Media Contact: Deb Guse 816-423-5603

Source:LMI Aerospace, Inc.