Textron's Bell Helicopter Awarded Army Contract to Build 368 Armed Reconnaissance Helicopters

July 29, 2005

Providence, RI & Fort Worth, TX - July 29, 2005 - Bell Helicopter, a unit of Textron Inc. (NYSE: TXT) has been awarded a $2.2 billion contract by the United States Army to build its next generation Armed Reconnaissance Helicopter, or ARH. The ARH will replace the Army's OH-58D Kiowa Warrior Helicopter, also produced by Bell. The contract calls for Bell Helicopter to build 368 aircraft for delivery during fiscal years 2006 through 2013.

"We are honored to have been chosen by the U.S. Army to continue our legacy of providing outstanding Armed Reconnaissance Helicopter technology," said Mike Redenbaugh, Chief Executive Officer of Bell Helicopter Textron. "The Army requires a state-of-the-art Armed Reconnaissance Helicopter, and that's exactly what Bell Helicopter will deliver."

Bell's ARH is a militarized version of its highly successful 407 single engine light helicopter. Capable of being equipped with a wide variety of weapons, the Bell ARH will provide the Army with exceptional mission versatility, with the flexibility to accomplish armed reconnaissance, light attack, troop insertion, and special operations missions with a single aircraft. The Bell ARH will also provide greater deployability, interoperability, and survivability.

"We look forward to this partnership both with the Army and with our world-class aerospace suppliers—to provide a premier aircraft to America's troops," Redenbaugh said.

Bell Helicopter Textron Inc., a subsidiary of Textron Inc., is a leading producer of commercial and military helicopters and the pioneer of the revolutionary tilt rotor 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. is a $10 billion multi-industry company with 44,000 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, Jacobsen, 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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