Bell Delivers 193 Aircraft in 2003, Builds Backlog with Orders

March 14, 2004

HAI 2004 - Las Vegas, NV - March 14, 2004 - Bell Helicopter Textron aircraft deliveries for 2003 reflected the impact of reorganization and company process improvements. Additionally, in response to customer concerns and requests, Bell Worldwide Marketing and Sales instituted many new product improvements throughout the year. The combined effect amounted to a 20+% increase in aircraft deliveries in 2003 over 2002 with the delivery of 193 ships.

The build-up of a backlog in several models ordered paves the way for even better sales in 2004. Orders in December alone reached a ten-year high of 67 just before the end of the sales year. In 2004 more product improvements, the introduction of new models and innovative customer support programs will provide current and new customers the best total value of ownership in the industry.

Bell Helicopter Textron will be featuring the Bell 430, 412, Bell 407 and many other aircraft at Heli-Expo 2004 in Las Vegas in March 2004. On display in the main booth, # 962, will be the Asesa 412 and the Flitner Ranch 407 and a PHI 407 with an EMS configuration.

In the static display areas (Areas 1,2, and 17,18) there will be mockups of the 427IFR in corporate configuration. This aircraft features a redesigned cabin equipped with a complete glass cockpit. Additionally the Bell Eagle Eye tiltrotor UAV will be on display as well as a Bell 430 and Homeland Security 206B.

For the year Bell Helicopter Textron deliveries breakdown as follows:

New Aircraft Deliveries:

 

 

 

 

Commerical

 

206B-3

10

 

206L-4

6

 

407

46

 

427

7

 

430

8

 

412

20

 

Total
Commercial

97

Foreign Military

 

412SA

9

 

Huey II

19

 

Total

28

US Miliary

 

New

 

V-22

6

 

TH-67

20

 

Total

26

Modification Programs

 

OH-58 SEP

23

 

Total

23

Total New and Mods

US Military

174

 

Used

19

Grand Total

193

Carl Harris and Mike Cox from Bell Public Relations will both be available during the show to answer any media questions or make any special media arrangements you may have.

Bell Helicopter Textron, a subsidiary of Textron Inc., is a $1.6 billion, leading producer of commercial and military helicopters, and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for customer service, innovation and superior quality, Bell's global workforce of over 7,500 employees serves customers flying Bell aircraft in over 120 countries.

Textron Inc. (NYSE: TXT) is a $10 billion multi-industry company with more than 43,000 employees in 40 countries. The company leverages its global network of aircraft, 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 Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

Connect with Textron IR

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

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