BEAV on NASDAQ

BE Aerospace

Logo: www.beaerospace.com, Public domain, via Wikimedia Commons4

Manufacturer of aircraft passenger cabin interior products

B/E Aerospace, Inc. was a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets. B/E Aerospace had leading worldwide market shares in all of its major product lines and served virtually all of the world's airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations. Based in Wellington, Florida, the company was capitalized as a $4.2 billion corporation as of January 2016.3 Its shares trade on NASDAQ under the symbol BEAV.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1987Founded1

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  • TickerBEAV on NASDAQ1
  • Industryaerospace industry1
  • HeadquartersWellington1
  • Websitebeaerospace.com
  • Incorporated inDE5
  • Business address1400 Corporate Center Way, 1400 Corporate Center Way, Wellington, Fl 334145
  • Filer categoryLarge accelerated filer5

B/E Aerospace, Inc. was a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets. B/E Aerospace had leading worldwide market shares in all of its major product lines and served virtually all of the world's airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations. Based in Wellington, Florida, the company was capitalized as a $4.2 billion corporation as of January 2016.3

What it owns

What BE Aerospace reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$789.5M7 Dec 31, 2016$711.2M7 Dec 31, 2015+11.0%
Accumulated depreciation$382.5M7 Dec 31, 2016$320.0M7 Dec 31, 2015+19.5%
Property and equipment, net$407.0M7 Dec 31, 2016$391.2M7 Dec 31, 2015+4.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$202.0M7 Dec 31, 2016$154.1M7 Dec 31, 2015+31.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$798.7M7 Dec 31, 2016$813.2M7 Dec 31, 2015−1.8%
Intangible assets, net (excluding goodwill)$213.0M7 Dec 31, 2016$231.3M7 Dec 31, 2015−7.9%
Finite-lived intangibles, gross$327.7M7 Dec 31, 2016$338.0M7 Dec 31, 2015−3.0%
Accumulated amortization$114.7M7 Dec 31, 2016$106.7M7 Dec 31, 2015+7.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.3B7 Dec 31, 2016$1.1B7 Dec 31, 2015+15.3%
Raw materials$358.2M7 Dec 31, 2016$322.7M7 Dec 31, 2015+11.0%
Work in process$845.2M7 Dec 31, 2016$722.7M7 Dec 31, 2015+17.0%
Finished goods$55.5M7 Dec 31, 2016$46.5M7 Dec 31, 2015+19.4%

The story

Founded by Amin Khoury in 1987, B/E Aerospace evolved from a $3 million company to a firm with $2.6 billion in revenue, manufacturing aircraft interior products and solutions for the commercial, business jet, and military markets. According to a company history, B/E's growth occurred through a combination of numerous acquisitions and internal growth.

In August 2001, B/E acquired M&M Aerospace Hardware Inc., a distributor of aerospace fasteners, for $177 million in cash and stock.

On June 1, 2005, Air Canada awarded a $50 million (U.S.) contract to B/E Aerospace to upgrade seating in 143 aircraft.

In June 2008, B/E announced plans to acquire Honeywell International's Consumables Solutions distribution business. The acquisition was completed on July 28, 2008 for $901 million in cash and stock. B/E stated at the time: "The combined businesses are expected to generate more than 50 percent of B/E's operating earnings beginning in 2009."

In 2012, B/E's ALCI division became the sole source for all future lavatories on new build Boeing 737 aircraft. Introducing their patented Spacewall lavatory, airlines can take advantage of space provided to add up to 6 passenger seats per aircraft. Delta Air Lines was the launch customer, with the first aircraft delivery on 9/27/2013.

From Wikipedia’s article on B/E Aerospace, shared under CC BY-SA 4.0.6

Leadership

Who has led BE Aerospace, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Products and brands

The company was a major provider of airline seats to many airlines worldwide. Some significant customers included United Airlines, Delta Air Lines, Emirates, Qatar Airways, Air France, KLM, Lufthansa, Qantas, Japan Airlines, and Southwest Airlines. Customers using the company's most popular product - Diamond Business Class Seat, include Aeroflot, Aeromexico, Air Canada, Air China, American Airlines, China Airlines, China Southern Airlines, Delta Air Lines, KLM, Qatar Airways, Thai Airways, United Airlines, Virgin Australia and Xiamen Airlines. Some of B/E Aerospace's rivals in the airline seating industry include Acro Aircraft Seating in the UK, Zodiac Seats U.S. in Gainesville, Texas, Zodiac Seats France, STELIA Aerospace in France, Geven in Italy, Recaro in Germany, Expliseat in France and Aviointeriors in Italy.

In the business jet seating segment, B/E Aerospace's main competitors were United Technologies Corporation's Decrane Aircraft Seating in Peshtigo, Wisconsin, Iacobucci in Italy, and PAC Seating Systems in Palm City, Florida.

B/E Aerospace also manufactured beverage makers, ovens, oxygen systems, lavatories and interior lighting for commercial aircraft and business jets. B/E Aerospace's Interior Structures division based in Leighton Buzzard UK, manufactures and supplies galley monuments for the Airbus A350.

From Wikipedia’s article on B/E Aerospace, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Owners

From Wikidata.1

Acquisitions

In April 2017, B/E Aerospace was acquired by the avionics and aircraft connectivity provider Rockwell Collins for $6.4 billion. Based in Cedar Rapids, Iowa, Rockwell Collins competes with Honeywell and more recently with Garmin. Through this transaction, B/E shareholders would own 20% of the new Rockwell, which would have $8.1 billion in revenues and $1.9 billion in pre-tax earnings with nearly 30,000 employees.

As a result of the acquisition, a newly created direct or indirect subsidiary of Rockwell Collins, Quarterback Merger Sub Corp., merged with and into B/E Aerospace, with the latter surviving the merger as a direct or indirect subsidiary of Rockwell Collins.

Rockwell Collins filed for regulatory approval for the acquisition of B/E Aerospace before the Philippine Competition Commission since the latter has a branch in the Philippines operating a manufacturing plant in Tanauan, Batangas.

From Wikipedia’s article on B/E Aerospace, shared under CC BY-SA 4.0.6

Former names

  • BE AEROSPACE INCJun 29, 1995 to May 20, 20135

Timeline

  1. Feb 18, 2014New chief executive Werner Lieberherr becomes CEO8
  2. Mar 28, 2006New chief executive Amin J. Khoury becomes CEO9
  3. 1987Founded Founded1

SEC filer profile

How BE Aerospace is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARB/E AEROSPACE INC2
  • CIK0000861361
  • Employer ID (EIN)06-12097962
  • Filer statusLarge accelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)3728 Aircraft Parts & Auxiliary Equipment, NEC2
  • Business address1400 Corporate Center Way, 1400 Corporate Center Way, Wellington, FL 334142
  • Phone56179150002
  • Shares outstanding101,468,345 as of Feb 24, 20177
  • Public float$5.0B as of Jun 30, 20167
  • On EDGAR sinceJun 27, 19952
  • Filings1,314 in all: 4 (635), 8-K (156), 10-Q (66), SC 13G/A (60), 425 (53), SC 13G (33), S-8 POS (24), 11-K (23)2
    All 51 form types

    DEF 14A (23), 10-K (22), 3 (20), S-8 (20), 4/A (15), 5 (12), UPLOAD (12), S-4/A (11), 424B2 (10), 424B3 (10), CORRESP (10), S-3/A (9), 10-K/A (7), 10-Q/A (7), DEFA14A (7), SC 13D/A (7), S-4 (6), POS AM (5), S-3 (5), 8-K/A (4), FWP (4), AW (3), PRE 14A (3), RW (3), RW WD (3), S-3ASR (3), SC TO-I/A (3), SD (3), POSASR (2), SC 13D (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B1 (1), 424B4 (1), 8-A12G (1), CT ORDER (1), DEFM14A (1), DEFR14A (1), NO ACT (1), NT 10-K (1), SC TO-C (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Feb 28, 2017
    Quarterly report (10-Q) Oct 28, 2016
    Proxy statement (DEF 14A) Apr 28, 2016
    Latest 8-K (8-K) Apr 13, 2017

Sources

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