SeeBITDAOklahoma

LMI Aerospace Inc

Other Aircraft Parts and Auxiliary Equipment Manufacturing
Estimated valueLow confidence
$597K
$148Klikely range$1.1M
About 3.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$1.3M
a year
EBITDA
$171K
14% of revenue
Employees
—
not reported
Leadership
Kevin Goossens
CEO · source · confirmed by 2 sources
Likely to sell
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $597K

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical other aircraft parts and auxiliary equipment manufacturing business in Oklahoma$1.3M
Revenue$1.3M
× 14% EBITDA margin$171K
× 3.5 sale multiple = value$597K

Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 78 years (since 1948)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

LMI Aerospace is a leading supplier of structural assemblies, kits and components, and provides design engineering services to the commercial, business and regional, and defense aerospace markets.

Products & services
structural assemblieskits and componentsdesign engineering servicesengineering and program management servicesmachiningsheet metal fabricationstretch formingprocessingkitting and distributiontoolingproduct designdesign build
Markets served
CommercialBusiness/RegionalDefense

From the company's website. Industry: Other Aircraft Parts and Auxiliary Equipment Manufacturing.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
LMI Aerospace Inc
this business
$1.3M$171K—
COMMERCIAL AIRCRAFT DUCTING INC
Tulsa · 21 employees
$17.1M$1.6M0.4 mi
ONEFIRE AEROSPACE SERVICES LLC
Tulsa · 5 employees
$2.7M$311K1.7 mi
Accurus Aerospace Tulsa
Tulsa
$1.3M$171K2.7 mi
GREEN COUNTRY AIRCRAFT EXHAUST, INC.
Tulsa · 42 employees
$22.4M$2.1M3.8 mi
Spirit Aerosystems
Tulsa
$3.0M$403K4.7 mi
Triumph Aerostructures
Tulsa
$1.3M$171K4.8 mi

Ranges & sources

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Other Aircraft Parts and Auxiliary Equipment Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.

Revenue range$391K – $1.9M
EBITDA range$53K – $254K
Industry (NAICS)Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
Value range$148K – $1.1M

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1948
“Since 1948, we have provided cost-effective aerospace solutions to our customers’ most challenging problems.”

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About LMI Aerospace Inc

LMI Aerospace Inc is an other aircraft parts and auxiliary equipment manufacturing company in Tulsa, Oklahoma, in business since 1948. It is owned by Kevin Goossens (CEO). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. Its estimated business value is $597K (likely range $148K–$1.1M).

Common questions

Who owns LMI Aerospace Inc?
LMI Aerospace Inc is owned by Kevin Goossens (CEO), according to public sources such as the company's website or filings.
How much revenue does LMI Aerospace Inc make?
SeeBITDA estimates LMI Aerospace Inc's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is LMI Aerospace Inc worth?
About $597K, roughly 3.5× its estimated EBITDA of $171K, typical for a other aircraft parts and auxiliary equipment manufacturing company its size. Likely range: $148K–$1.1M.
When was LMI Aerospace Inc founded?
LMI Aerospace Inc has been in business since 1948.
Is LMI Aerospace Inc for sale?
There's no public listing, but it shows signs that often come before a sale: in business 78 years (since 1948); no family successor named on its website.