The award for the next generation passenger and crew oxygen systems for the new A350 XWB (Xtra Wide-Body) aircraft is initially valued at more than $125 million.

B/E Aerospace, Inc. the world's leading manufacturer of aircraft cabin interior products and a leading aftermarket distributor of aerospace fasteners, today announced that Airbus has selected B/E Aerospace as its supplier.  

The A350 XWB will be equipped with B/E Aerospace's passenger and crew oxygen systems utilizing B/E Aerospace's advanced technologies, including B/E Aerospace's patented Pulse™ system as well as chemical oxygen generation in a unique system designed for the A350 XWB. The B/E Aerospace oxygen systems deliver oxygen more efficiently than traditional passenger systems, and reduce overall system weight, fuel burn and maintenance costs.

"We are extremely pleased to be named by Airbus as the program supplier of oxygen systems for their new A350 XWB aircraft. Our leading-edge oxygen technology supports our objectives for lower weight and flexible systems to provide the enhanced operating economics required by Airbus and the airlines," said Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc. "This award along with our oxygen/PSU award for the B787, neither of which are in our current backlog, reinforces our market position as the leading provider of oxygen systems worldwide."

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 include, but are not limited to, B/E Aerospace's financial guidance and industry expectations for the next several years. 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 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.