B/E Aerospace Announces Consumables Management Award with United Technologies Corporation; Initially Valued at Approximately

  B/E Aerospace Announces Consumables Management Award with United
  Technologies Corporation; Initially Valued at Approximately $950 Million

Business Wire

WELLINGTON, Fla. -- January 9, 2014

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 the Company has
extended and expanded an agreement with United Technologies Corporation (UTC),
to provide aerospace fasteners, hardware, consumables, and logistical services
to UTC’s aerospace business units for their global operations. The agreement
with UTC is through December 31, 2022 and is initially valued at approximately
$950 million.

B/E Aerospace will supply UTC’s aerospace business units (Goodrich, Hamilton
Sundstrand, Pratt & Whitney and Sikorsky Aircraft), with aerospace fasteners
and hardware as well as a broad range of consumables. In addition, the Company
will provide logistical services such as just-in-time delivery, bin management
services, integrated supply chain logistics, and airplane-on-the-ground (AOG)
support 24 hours a day, 365 days a year. B/E’s value-added services increase
customer productivity, lower total cost of ownership and inventory investment,
and reduce risk with parts delivered directly to the point of use.

By leveraging its robust information technology, automated retrieval systems,
operational excellence, global footprint, and supply chain infrastructure, B/E
Aerospace consumables management provides a comprehensive range of aerospace
consumables and complex logistical services to its customers globally from its
50 geographical locations worldwide.

“We are pleased to announce this enhanced and expanded agreement with our
valued partner, United Technologies. We look forward to further strengthening
our partnership with them. Today’s announcement highlights our continued focus
on having the best and broadest portfolio of aerospace consumables and
logistical services and further solidifies our position as the market leader,”
said Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace.

This news release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such forward-looking statements
involve risks and uncertainties. The Company’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 discussed
in the Company’s filings with the Securities and Exchange Commission (SEC),
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 the
Company’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 and rules and
regulations of the SEC, the Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

About B/E Aerospace, Inc.

B/E Aerospace 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 systems, oxygen
systems, food and beverage preparation and storage equipment, galley systems,
and modular lavatory systems. The Company also provides cabin interior
reconfiguration, program management and certification services. B/E Aerospace
sells and supports its products through its own global direct sales and
product support organization. For more information, visit the B/E Aerospace
website at www.beaerospace.com.

Contact:

B/E Aerospace
Greg Powell, 561-791-5000
Vice President Investor Relations
 
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