Lagos, Nigeria (August 22, 2017) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today the signature of a purchase agreement with Caverton Helicopters Limited, a subsidiary of Caverton Offshore Support Group Plc, for eight Bell 407GXPs. The Group operates in the marine and aviation logistics sectors for the oil and gas industry and employs over 700 employees in Nigeria. Delivery of the aircraft is scheduled to begin later this year.
“Our company offers logistics and support services to the Nigerian oil and gas companies located along the West African shelf,” said Josiah Choms, Ph.D., managing director, Caverton Helicopters. “Identifying the best aircraft to effectively carry out the mission is key and we believe the Bell 407GXP’s proven track record particularly its speed and efficient operating cost make it the perfect light single helicopter for this job.”
In addition, The Group signed the eight 407GXPs for Bell Helicopter’s Customer Advantage Plan (CAP) support solution.
“With nearly 1,400 Bell 407s in operation around the world, the aircraft continues to be a success in global markets with sales steadily growing in Africa,” said David Sale, Bell Helicopter, managing director for Middle East and Africa. “Together with their fleet of Bell 412EPs, the new Bell 407GXP helicopters will be used for offshore logistics support, maritime and coastal surveillance, emergency medical services and search and rescue.”
Caverton Helicopters operates out of a 10,000 square meter flight facility at the Murtala Muhammad International Airport in Lagos and several purpose-built facilities in Victoria Island, Port Harcourt, Warri and Cameroon.
The Bell 407GXP, launched in 2015, is an upgrade to the Bell 407 product line that provides an additional 50 lbs. (22.5 kg) of payload capability, coupled with a new M250 Rolls-Royce engine that improves performance and fuel efficiency delivering class-leading hot and high performance. The Bell 407GXP is also equipped with new avionics features such as hover performance calculator improvement, as well as transmission TBO extension of +500 hours that is designed to lower maintenance costs.
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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 Off Road, Arctic Cat, 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, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.
For further information, please contact:
Virginie Brizard
Tel: +1 817 280-2630
Email: vbrizard@bh.com
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