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 that it has won a number of follow-on aftermarket program awards initially valued at approximately $160 million in addition to aftermarket awards from two domestic carriers totaling approximately $40 million. The follow-on programs have been awarded by a number of Asian, European and other major international airlines for a variety of seating products, a broad array of food and beverage preparation and storage equipment, and engineering integration programs. These programs represent extensions of major programs awarded in 2005 and will be delivered for the most part in 2007 and 2008. The programs announced today include the following: -- Seating awards from six international airlines which represent expansions of current programs for different fleets or for different classes of service within the same fleet and include a variety of seating products including super first class suites, MiniPod(TM) business class seats, ICON(TM) premium coach class seating, as well as B/E's Spectrum(TM) coach class seats. -- In addition, the company has been awarded food and beverage preparation and storage equipment orders from four international airlines as part of their ongoing fleet upgrade planning activities. These awards include a broad array of food and beverage equipment including chilling equipment, beverage makers and steam ovens. -- Finally, as a follow-on program to a major wide-body upgrade program B/E has won an integration and certification award. B/E's Flight Structures group (FSI), which will be the program integrator, has extensive design and engineering capabilities to address monument structure location, as well as mechanical and electrical system configurations. Full 3-D modeling will play a major role in optimizing aircraft passenger space and comfort. Separately, B/E received awards from two major U.S. airlines to provide upgrade products and services for certain of their wide-body aircraft. These awards are initially valued at approximately $40 million. "The awards announced today represent the initial traunch of expected follow-on orders for programs booked during 2005, as well as initial awards from major domestic airlines as they begin to address their retrofit requirements," said Amin Khoury, Chairman and CEO, B/E Aerospace, Inc. "These awards continue to drive our backlog to record levels as our major airline customers expand their retrofit programs to outfit different fleets or classes of service. With the majority of deliveries associated with the orders scheduled for 2007 and 2008, we are increasingly confident in an improved outlook for the next several years," concluded Mr. Khoury. 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 aircraft cabin 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 and supports its products through its own global direct sales and product support organization. For more information, visit B/E's website at http://www.beaerospace.com.