EXHIBIT 99.1


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#06-23
                                                    News Release
                                                    CONTACT:
                                                    Doug Dean
                                                    Director, Investor Relations
                                                    B/E Aerospace, Inc.
                                                    (561) 791-5000 ext. 1450


            B/E AEROSPACE ANNOUNCES THE COMPLETION OF THE ACQUISITION
                          OF NEW YORK FASTENERS CORP.,
             Strengthens Presence in Military/Defense Market Sector

    WELLINGTON, Fla. - (Business Wire) - Sept. 5, 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 completed the  acquisition  of New York  Fasteners  Corp.
(NYF), a privately-held  company,  for approximately $66.5 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.

    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





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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.

    "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.

    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
http://www.beaerospace.com.