Bell Helicopter and Vietnam Helicopter Corporation sign Memorandum of Understanding to Strengthen Cooperation in Vietnam

March 08, 2016

Fort Worth, Texas (March 8, 2016) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today it has signed an agreement with Vietnam Helicopter Corporation (VNH) to pursue growing opportunities in the Vietnamese market.

VNH leadership joined Bell Helicopter at the company’s global headquarters in Fort Worth, Texas, USA, to sign the agreement:

Pictured: Bell Helicopter and VNH leadership

“We were delighted to host the Vietnam Helicopter Corporation leadership at our global headquarters and showcase our facility and state-of-the-art technology,” said Patrick Moulay, Bell Helicopter’s vice president of Global Sales and Marketing. “VNH is a prestigious operator, and we look forward to strengthening our cooperation in the region and furthering our support of current and future customers.”

As a leading helicopter service provider in South East Asia with more than 30 years of experience, VNH provides a range of services including offshore transport, tourism, charter flights, Missing in Action program, search and rescue, as well as maintenance and training for pilots and technicians.

“This is a key relationship for Bell Helicopter,” added Moulay. “VNH will provide a wealth of customer knowledge and technical experience in Vietnam to our future customers and this signing reinforces our commitment to Vietnam and increases our level of support throughout the region.”

The representatives from VNH were given a tour through the Bell Helicopter’s global headquarters as well as an exclusive viewing of the Bell 525 Relentless Flight Test Vehicle at the company’s XworXfacility in Arlington, Texas.

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About Bell Helicopter

Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical-lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Systems and TRU Simulation + Training. For more information, visit www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

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David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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