Bell Begins Manufacturing UH-1Y for First International Operator

July 19, 2021

Commonality of H-1 Platforms Benefits Restart of the UH-1Y Helicopter Production Line

CRESTVIEW, Fl. (July 19, 2021) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, has restarted UH-1Y Venom helicopter production for the first international operator. Crestview Aerospace has completed manufacturing the first of eight cabins at the Crestview Florida facility. The aircraft will complete final assembly at the Bell Amarillo Assembly Center. The helicopters are part of the 2020 U.S. Department of Defense contract awarded to Bell for the production and delivery of eight UH-1Y and four AH-1Z helicopters for the government of the Czech Republic.

“Crestview Aerospace is honored and grateful for the opportunity to team with Bell on the continued production of the UH-1Y cabin for the first international customer,” said Paul Kohlmeier, senior vice president, Strategy and Business Development, Crestview Aerospace. “Crestview continues to build in the same high quality and reliability into the international Venom helicopters that underpin the aircraft currently operated by the United States Marine Corps around the world.”  

Bell delivered the final UH-1Y for the United States Marine Corps (USMC) program of record in April 2018 and has continued to produce and deliver the AH-1Z as part of the H-1 production contract for 349 H-1 aircraft, consisting of 160 UH-1Y and 189 AH-1Z.

The UH-1Y shares 85 percent commonality of parts with the AH-1Z. The commonality between the aircraft enabled critical component supply chains to remain active during AH-1Z production for the USMC.

“Time, logistics, and man-hours are all strategic resources,” said Mike Deslatte, vice president and H-1 program director, Bell. “Commonality helps ensure everything between the Viper and Venom, from manufacturing, maintenance, and upgrades, remains seamless while simultaneously providing lower program and life cycle costs. It’s a real tactical advantage on multiple levels.”

The UH-1Y and AH-1Z share the same engines, integrated mission system and dynamic components, such as the four-bladed rotor system. Both aircraft are specifically designed and produced for expeditionary operations. Together, they provide a full spectrum of military operations, unlike any other helicopter duo.

Bell anticipates USMC production through early 2022, followed by continued production for foreign military customers. Bell has two signed Foreign Military Sales (FMS) cases in production, Bahrain and the Czech Republic.

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Jay Hernandez
Bell
Sr. Military Communication Strategist
jhernandez09@bellflight.com
(817) 280-1949
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Bellflight.com

Paul Kohlmeier
Sr. Vice President Strategy & Business Development
Crestview Aerospace

Paul.Kohlmeier@cvasp.com
(850) 305-2153

About Crestview Aerospace

Crestview Aerospace is a vertically integrated complex assembly supplier with integrated Metals machining and fabrication, processing, tooling and assembly capabilities and ballistic foams. Crestview Aerospace provides a one-site turnkey solution for our OEM partners through our commitment to Customer Satisfaction, Quality Excellence and Continual Improvement. Our 50-year history in supporting key defense programs and OEMs includes Bell UH-1Y, V-22 and 525. Headquartered in Crestview, Florida in ere privately owned and independently operated, containing 450K sq feet of buildings, 270+ employees, with 22% Veteran employees. Learn more at https://crestviewaerospace.com

About Bell

Thinking above and beyond is what we do. For more than 85 years, we’ve been reimagining the experience of flight – and where it can take us.We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were aboard NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of advanced air mobility.Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront

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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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, changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; changes in foreign military funding priorities or budget constraints and determinations, or changes in government regulations or policies on the export and import of military and commercial products; and performance issues with key suppliers, subcontractors or business partners.

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