in scripts\ships [your ships py] look for
# Create the LOD info
if (not App.g_kLODModelManager.Contains(pStats["Name"])):
# Params are: File Name, PickLeafSize, SwitchOut Distance,
# Surface Damage Res, Internal Damage Res, Burn Value, Hole Value,
# Search String for Glow, Search string for Specular, Suffix for specular
pLODModel = App.g_kLODModelManager.Create(pStats["Name"])
pLODModel.AddLOD(pStats["FilenameHigh"], 10, 200.0, 25.0, 25.0, 800, 1200, "_glow", None, "_specular")
pLODModel.AddLOD(pStats["FilenameMed"], 10, 200.0, 50.0, 50.0, 1200, 2400, "_glow", None, "_specular")
pLODModel.AddLOD(pStats["FilenameLow"], 10, 200.0, 125.0, 125.0, 2400, 5000, "_glow", None, None)
see the series of #s, #, #, [and so on] you might want to start with smaller ## [hole value is the 6th, the # before _glow]