LMI Aerospace (LMIA) Gets $44M Embraer KC-390 jet Contract

karmastock 2011-10-30

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Welcome to CRWENewswire, Stocks to watch. I am Shalika Jayasekera. LMI Aerospace Incorporated - symbol LMIA - reported that it has received a contract award from Embraer for the design and build of wing slat assemblies for the KC-390 aircraft. The engineering development effort on the program is planned to begin in November of 2011 and first delivery of product is expected in the first quarter of 2013. The total contract value is estimated to be $44 million based upon acquisition intentions already signed for the KC-390. LMI Aerospace Incorporated is a leading provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets. Thanks for joining me and have a great day! For CRWE Newswire, Stocks to watch, I’m Shalika Jayasekera

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