EXHIBIT 99.1
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#06-21
                                                    News Release
                                                    CONTACT:
                                                    Doug Dean
                                                    Director, Investor Relations
                                                    B/E Aerospace, Inc.
                                                    (561) 791-5000 ext. 1450


      B/E AEROSPACE ANNOUNCES THE ACQUISITION OF NEW YORK FASTENERS CORP.,
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             Strengthens Presence in Military/Defense Market Sector
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     WELLINGTON, FL, August 14, 2006 - B/E Aerospace, Inc. (Nasdaq: BEAV), the
world's leading manufacturer of aircraft cabin interior products and a leading
aftermarket distributor of aerospace fasteners, today announced that it has
agreed to acquire New York Fasteners Corp. (NYF), a privately-held company, for
approximately $68 million in cash. NYF, founded in 1956, had revenues of
approximately $56 million for its most recent fiscal year ended June 30, 2006
and is a distributor of a wide variety of aerospace fasteners and hardware
primarily to the military sector.
     The acquisition, which will be funded with borrowings under B/E's senior
secured credit facility, is subject to customary closing conditions and is
expected to be completed in August 2006.
     B/E plans to merge NYF's complementary hardware distribution and
vendor-managed inventory business with its own distribution operations based in
Miami, Florida. The transaction is expected to be modestly accretive to earnings
per share in 2007 and significantly accretive in 2008. The integration of NYF
with B/E's distribution segment is expected to create procurement and
operational synergies and significantly expand B/E's overall penetration into
the military sector. The combination of NYF's vendor-managed inventory and
third-party logistics capabilities and strong military and defense customer
relationships, coupled with B/E's advanced automated stocking and retrieval
systems is expected to allow B/E to offer a significantly wider range of
products and services to a larger and broader customer base.
     Over 70 percent of NYF's annual revenues are derived from military and
defense customers. The acquisition of NYF, when considered together with B/E's
recently announced acquisition of aircraft oxygen supplier Draeger Aerospace
GmbH (Draeger) and other B/E products, including its position on the Airbus
A400M, is expected to bring B/E's total sales to the military and defense market
to over $100 million annually and favorably position the company for cross-sell
opportunities in this sector.



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     "The NYF and Draeger acquisitions provide us with access to important
customers in the large and growing military market. We intend to build upon
these strong new customer relationships and, over time, work with them to
develop and supply a broader range of products and solutions from across the
company," commented Amin J. Khoury, Chairman and CEO of B/E Aerospace, Inc.


Shearman & Sterling LLP is outside legal counsel to B/E and Houlihan Lokey
Howard & Zukin's Aerospace*Defense*Government (ADG) Group acted as exclusive
financial advisor to NYF.

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 involve risks and
uncertainties. B/E's actual experience may differ materially from that
anticipated in such statements. Factors that might cause such a difference
include those discussed in B/E's filings with the Securities and Exchange
Commission, including but not limited to its most recent proxy statement, Form
10-K and Form 10-Q. For more information, see the section entitled
"Forward-Looking Statements" contained in B/E's 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.

     About B/E Aerospace, Inc.
     B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin
interior products, and a leading aftermarket distributor of aerospace fasteners.
B/E designs, develops and manufactures a broad range of products for both
commercial aircraft and business jets. B/E manufactured products include
aircraft cabin seating, lighting, oxygen, and food and beverage preparation and
storage equipment. The company also provides cabin interior design,
reconfiguration and passenger-to-freighter conversion services. Products for the
existing aircraft fleet - the aftermarket - generate about 60 percent of sales.
B/E sells and supports its products through its own global direct sales and
product support organization. For more information, visit B/E's website at
www.beaerospace.com.
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