B/E Aerospace Wins Exclusive Boeing Award

B/E Aerospace (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 Boeing Company has selected B/E Aerospace to become the exclusive manufacturer of modular lavatory systems for Boeing’s 737 Next-Generation family of airplanes, as well as the 737 MAX which is expected to be introduced into service later this decade. The estimated value of the award is in excess of $800 million, exclusive of retrofit orders, which are expected to be substantial.

The B/E Aerospace modular lavatory system (MLS) utilizes B/E Aerospace, patent pending, Spacewall ^® technology, which frees up floor space in the cabin, creating the opportunity to add up to six incremental passenger seats on each airplane.

The B/E Aerospace MLS will integrate the B/E Aerospace technologically advanced Aircraft Ecosystems ^® vacuum toilet, long-life B/E Aerospace LED lighting and B/E Aerospace tamper proof, state-of-the-art lavatory oxygen system. B/E Aerospace Aircraft Ecosystem ^® vacuum toilets have 25 percent greater reliability than existing systems and components can be replaced in a few minutes, as compared to up to an hour for existing systems.

“We are very pleased to have been selected by Boeing to become the sole-source supplier of lavatory systems for the Boeing 737 aircraft, the world’s best selling jet airplanes, and we look forward to continuing our long-standing relationship with Boeing to develop systems to enhance aircraft performance and passenger comfort. The B/E Aerospace advanced modular lavatory system utilizes proprietary technologies that increase cabin floor space resulting in increased aircraft passenger placements, as well as improved reliability and simplified and speedier maintenance, resulting in increased aircraft flight hour availability. Our lavatories are designed to increase airline revenue and yields while substantially improving the lavatory environment," commented Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace.

1 2 3 Next › Last »