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B/E Aerospace history
B/E Aerospace company history timeline
The group purchased the company in 1987.
Founded by Amin Khoury in 1987, B/E Aerospace evolved from a $3 million company to a firm with $2.6 billion in revenue, making it the world's leading manufacturer of aircraft interior products and solutions for the commercial, business jet, and military markets.
In 1989, the group bought Bach's primary competitor, EECO Avionics, which landed the company a 60 percent market share (later to grow to 70 percent). The two acquisitions gave the company its name: B/E Avionics.
In 1992 BEA paid the Pullman Co. $73 million for PTC Aerospace, a maker of airline seats, and its subsidiary Aircraft Products Co., which made equipment for in-flight kitchens.
BEA continued its growth-by-acquisition strategy in 1993.
Revenues reached $200 million in 1993.
Robert J. Khoury became CEO in April 1996.
They had previously sold off significant amounts in August 1997.
In fiscal year 1998, BEA's IFE group had revenues of $81 million.
LiveTV used BEA's BE 2000 video system coupled with a new antenna and receiver based on United States military satellite applications.
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."
Delta Air Lines was the launch customer, with the first aircraft delivery on 9/27/2013.
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B/E Aerospace competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| GE Aviation | 1917 | $10.2B | 48,000 | 1 |
| Triumph Group | 1993 | $1.2B | 14,309 | 56 |
| Learjet | 1962 | $1.3B | 4,975 | - |
| Pratt & Whitney | 1925 | $16.2B | 38,737 | 21 |
| Collins Aerospace | 2018 | $2.4B | 50,000 | 33 |
| United Service Technologies | 1995 | $80.7B | 243,200 | 56 |
| SLM Technologies | 2014 | - | 6 | - |
| Air Lease | 2010 | $2.7B | 87 | - |
| Allen & Heath | 1950 | $170.0M | 275 | - |
| Unison Industries | 1979 | $500.0M | 2,200 | - |
B/E Aerospace history FAQs
Zippia gives an in-depth look into the details of B/E Aerospace, including salaries, political affiliations, employee data, and more, in order to inform job seekers about B/E Aerospace. The employee data is based on information from people who have self-reported their past or current employments at B/E Aerospace. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by B/E Aerospace. The data presented on this page does not represent the view of B/E Aerospace and its employees or that of Zippia.
B/E Aerospace may also be known as or be related to B E AEROSPACE INC, B/E Aerospace, B/E Aerospace Inc, B/E Aerospace, Inc. and B/e Aerospace.