Contact: Ed Dickinson Chief Financial Officer 636.916.2150 |
ST. LOUIS - November 2, 2005 - LMI Aerospace, Inc. (Nasdaq: LMIA) a leading provider of assemblies, kits and detail sheet metal and machined components to the aerospace defense and technology industries announced today that it has entered into memorandum of understanding outlining a five-year agreement with Gulfstream Aerospace Corporation for wing and fuselage components and kits for the Gulfstream G450, G500 and G550. A contract is expected to be finalized by December 31, 2005, with an estimated value of $170 million over the five-year period.