Ministry of Defense of Argentina to Acquire Six Bell 407GXi Aircraft

May 31, 2023

Mirabel, Qc, Canada (May 31, 2023) – Bell Textron Canada Ltd., a Textron Inc. (NYSE:TXT) company, announced today the purchase agreement for six Bell 407GXi helicopters. The government-to-government contract was executed between the Ministry of Defense of Argentina and the Canadian Commercial Corporation. The Bell 407GXi helicopters will be operated by the Argentinean Air Force and Army to assist in Search and Rescue Missions.

“The Bell 407GXi is a proven platform in high-altitude environments and will be pivotal to Argentina’s Military Search and Rescue operations,” said John Ramos, managing director, Latin America. “All six Bell 407GXis will be outfitted in a utility configuration critical to rescue missions in Argentina’s mountainous terrain.”

Founded in 1986, Bell Textron Canada Ltd. is now represented by 1,400 highly skilled employees across the country focused on innovation, customer experience and superior service and support for customers around the globe. Bell Textron Canada Ltd. is responsible for Bell’s current commercial production line, including the Bell 505, Bell 407GXi, Bell 429 and SUBARU Bell 412EPX. To date, the company has built more than 5,600 commercial helicopters and delivered more than 1,000 aircraft to Canadian customers.

"This announcement is a testament to the long-standing partnership of Bell and CCC to deliver Canadian-built helicopters to customers around the globe. The Argentinian MOD will be well-served by the unmatched reliability and performance of its new Bell 407GXi fleet, and our team is delighted to enable their search and rescue mission.” – Steeve Lavoie, Bell Textron Canada ltd.

Bell proves its mature production and sustainment support capability with more than 1,600 Bell 407s globally, logging six million flight hours across the fleet and actively performing flight training as well as military and para-public missions. The 407GXi’s Garmin G1000H™ NXi Flight Deck enhances situational awareness and reduces pilot workload by delivering easy-to-read information at a glance. The Bell 407GXi’s new IFR capability will allow all-weather operations while continuing to provide multi-mission capability safely, reliably, and effectively.

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Press Contact
Bell
Patricia Bergeron
514-242-4213
pbergeron@bellflight.com
mediarelations@bh.com Online Media Kit

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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 a part of 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 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 and risks related to U.S. government contracts and foreign military sales as described in our filings with the Securities and Exchange Commission.

 

 

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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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