Bell 429 Continues Rapid Development Pace

July 17, 2006

Farnborough Air Show - July 17, 2006 - Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced continued progress of its pace setting 429 helicopter. This light twin class helicopter, first introduced last year, was conceived to fill a market void and has accumulated 213 orders to date. This high order rate verifies Bell's designed approach of enlisting the voice of the customer in critical design decisions.

Bob Fitzpatrick, Senior Vice President for Marketing and Sales was quoted as saying, "The 429 has been a pleasure to market. With the room and performance of a medium twin, but priced for the light market, we think the 429 has almost limitless potential."

Production at Bell's Mirabel, Canada facility is on track for first flight later this year. Currently the first model is moving down the production line with systems installation including wiring, fixed controls, fuel systems, heating systems, pitot/static systems and the power distribution. Certification from Transport Canada Civil Aviation and the United States Federal Aviation Administration is planned for 2007. Initial production is scheduled for late 2007 and European Aviation Safety certification will follow in mid-2008.

The 429 is the first Bell production helicopter produced with Modular Affordable Product Line (MAPL) components. MAPL is an innovative approach to helicopter production where multiple parts are designed to work on a variety of helicopter. This not only speeds up production, but lowers production costs and ultimately lowers acquisition costs.

Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor 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.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees in continuing operations. 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

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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