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BEA meaning in Business ?

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Answer: What is B/E Aerospace, Inc. mean?

B/E Aerospace, Inc. was a manufacturer of aircraft passenger cabin interior products for the commercial and business jet aircraft markets. B/E Aerospace had leading worldwide market shares in all of its major product lines and served virtually all of the world's airlines, aircraft manufacturers and leasing companies through its direct global sales and customer support organizations. Based in Wellington, Florida, the company was capitalized as a $4.2 billion corporation as of January 2016.

In December 2014, B/E announced that it had completed the spin-off of its aerospace fasteners and consumables business, creating KLX, Inc. (Nasdaq: KLXI). In December 2017, KLX split "Energy Services Group" , which now functions as KLX Energy with original KLX Aerospace business acquired by Boeing.

In April 2017, it was purchased by Rockwell Collins, which has since become a part of Collins Aerospace, a business of United Technologies Corporation (UTC), November 2018. In April 2020, UTC and Raytheon merged to form Raytheon Technologies (RTX).

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