BEAV B/E Aerospace, Inc.

B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and a leading aftermarket distributor of aerospace fasteners, today announced additional program awards, record third quarter orders, and record third quarter backlog of approximately $1 billion. Vibrant international airline retrofit activity has increased the company's backlog to record levels and further improved its outlook. With orders stronger than expected, the company now projects revenues for 2006 of approximately $1 billion with earnings of approximately $1.10 per share. The company has experienced robust demand from major international carriers including significant new awards for B/E's premium class products. During the quarter, B/E was selected by one of the world's leading airlines to retrofit its fleet of A320 narrow-body aircraft. Along with the previously announced Air Canada retrofit award, these two programs represent the only major coach class retrofit programs in recent years. These programs are initially valued at approximately $80 million. The company has also been awarded two additional super first class programs initially valued at approximately $60 million. Additionally, in the quarter, Airbus and three major business jet manufacturers selected B/E Aerospace oxygen systems in programs initially valued at approximately $45 million. These programs expand B/E's oxygen technology into military platforms and into the emerging Very Light Jet segment. "Program awards to date have primarily consisted of aftermarket retrofit programs for the existing fleets of wide-body aircraft with premium products, including the introduction of our super first class product offerings. The coach class seating award we announce today is particularly significant in that it represents only the second major coach class retrofit program in recent years, potentially signaling the onset of the long-awaited coach class retrofit cycle. Additionally, the international airlines are now beginning to address their coach class requirements for their `new buy' wide-body aircraft, which are expected to deliver in volume over the 2007 to 2010 time period," stated Robert J. Khoury, President and Chief Operating Officer of B/E Aerospace, Inc. Mr. Khoury continued, "Our record backlog has enhanced our visibility into 2007 and is further improving our revenue and earnings expectations. Based on stronger than expected orders and a record $1 billion backlog, we now expect revenues during 2006 of approximately $1 billion with earnings of approximately $1.10 per share and for double digit organic revenue and earnings growth in both 2007 and 2008. Notwithstanding the lower level of Boeing aircraft deliveries in the second half of 2005, we continue to expect to generate earnings of $0.50 per share." This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties. B/E's actual experience may differ materially from that anticipated in such statements. Factors that might cause such a difference include those discussed in B/E's filings with the Securities and Exchange Commission, including but not limited to its most recent proxy statement, Form 10-K and Form 10-Q. For more information, see the section entitled "Forward-Looking Statements" contained in B/E's Form 10-K and in other filings. The forward-looking statements included in this news release are made only as of the date of this news release and, except as required by federal securities laws, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances. About B/E Aerospace, Inc. B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin interior products, and a leading aftermarket distributor of aerospace fasteners. B/E designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E manufactured products include seating, lighting, oxygen, and food and beverage preparation and storage equipment. The Company also provides cabin interior design, reconfiguration and passenger-to-freighter conversion services. Products for the existing aircraft fleet -- the aftermarket -- generate about 60 percent of sales. B/E sells its products through its own global direct sales organization. For more information, visit B/E's website at http://www.beaerospace.com.