New York, August 23, 2013 -- Moody's Investors Service has revised LMI Aerospace Inc's (LMIA) speculative grade liquidity rating to SGL-3 from SGL-2 reflecting LMIA's greater than expected reliance on its revolver due to ongoing consumption of cash for working capital investment, elevated capital spending and the under performance of the recently acquired Valent operations. LMIA's B1 Corporate Family Rating, B2-PD probability of default rating and B1 rating on its $125 million revolver and $225 million term loan are unaffected at this time. The outlook remains stable.

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