14 January 2014
B/E Aerospace, Inc. (NASDAQ: BEAV) said it has been selected by AgustaWestland to provide aerospace fasteners and consumables, and logistical services for their global operations.
The majority of the award represents market share gains. The agreement runs through December 2018 and is initially valued at approximately USD200m.
B/E Aerospace will supply AgustaWestland with aerospace fasteners and hardware as well as a broad range of consumables. In addition, the company will provide logistical services such as point of use delivery, configured bin management, and kitting services.
B/E Aerospace is a leading manufacturer of aircraft cabin interior products and a distributor of aerospace fasteners and consumables. For more information, visit the B/E Aerospace website at www.beaerospace.com.