B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the world�s leading distributor of aerospace fasteners and consumables, today announced that Airbus has selected B/E Aerospace as its supplier of next generation galley systems for the new A350 XWB aircraft. B/E Aerospace values the award at more than $1.0 billion. Program deliveries for the A350 XWB will commence in 2013. The A350 XWB will be equipped with B/E Aerospace�s innovative new galley system designed to accommodate the aircraft's "flex zones", which allows the airlines to select from a wide ranging catalogue of pre-engineered galley configurations. A modular approach to the design allows the airlines to select galley positions and configurations for their specific operational needs, while minimizing total aircraft system weight. The modular approach also allows for a more automated assembly process, reducing both cost and lead-time for Airbus and its airline customers. The new galleys will incorporate fresh contemporary styling which supports and enhances Airbus' innovative new interior concepts for this aircraft. "We are extremely pleased to have been selected by Airbus as the program supplier of galley systems for their new A350 XWB aircraft," said Amin Khoury, Chairman and CEO of B/E Aerospace, Inc. "This award, together with our recent oxygen award to equip the A350 XWB with our leading-edge oxygen technology, supports our objectives of providing flexible and lower weight solutions to Airbus and its airline customers. These awards along with expected future awards for various seating and other cabin interior products, means that the A350 XWB will fly with more B/E Aerospace content than any new aircraft platform to date." 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 Aerospace�s actual experience and results may differ materially from the experience and results anticipated in such statements. Factors that might cause such a difference include those related to the expected benefits from the HCS acquisition, changes in market and industry conditions and those discussed in B/E Aerospace�s filings with the Securities and Exchange Commission, which include its Proxy Statement, Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. For more information, see the section entitled �Forward-Looking Statements� contained in B/E Aerospace�s Annual Report on 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 intend 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 the world�s leading distributor of aerospace fasteners and consumables. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace 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 Aerospace sells and supports its products through its own global direct sales and product support organization.
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