Friday, May 27, 2011

B/E Aerospace nets $200M Embraer contract - South Florida Business Journal:

caloloary.blogspot.com
The Wellington-based aircraft cabin interiodr products maker and aerospace fasteners aftermarket distributor initialluy valued the award at morethan $200 million. The Legacy 450 and Legacyu 500 aircraft are expected to enter service in the second half of 2012and respectively. The new jets will be equipped with B/E Aerospace's BEAV) fully upholstered and ergonomic executivr seatsand divans. "We selected B/E Aerospacd based on the very innovative featurez oftheir products," Embraer Executive Vice President Luís Carlos Affonslo said in a news release.
"The Legacy 450 and Legacyu 500 will berevolutionary best-in-class building on the Legacy brand, delivering premium outstanding performance and low operating B/E Aerospace's new product offering matched the requirementds of our innovative interior. We look forward to working with B/E Aerospacs to deliver an excellent and comfortablsepassenger experience." Shares closed down 85 cents to The 52-week high was $54.09 on Dec. 27. The 52-weekj low was $20.92 on July 3.

No comments:

Post a Comment