New York, June 29, 2015 -- Moody's Investors Service downgraded its ratings for LMI Aerospace Inc ("LMI") including the company's Corporate Family Rating (CFR) to B3 from B2, and its Probability of Default Rating to B3-PD from B2-PD, with first and second lien debt ratings falling to Ba3 from Ba2 and to Caa1 from B3, respectively. The downgrades reflect operating performance levels that continue to fall below expectations coupled with on-going pressures in LMI's engineering and military end markets which are expected to continue to pressure near-term earnings growth. The rating outlook is stable.

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