Fort Worth, TX - November 30, 2007 - Bell Helicopter, a Textron Inc. company (NYSE: TXT) and the U.S. Army Aviation Applied Technology Directorate (AATD) have signed an agreement to develop and mature state-of-the-art Condition Based Maintenance (CBM) Technologies. Bell's winning proposal for this three year program includes risk sharing partners Honeywell International and Goodrich Corporation, in addition to a variety of internationally recognized universities, small businesses, and consultants.
The purpose of this 50/50 cost sharing agreement is to develop and demonstrate an integrated set of diagnostic, prognostic and system health assessment technologies to support Army Operations Support and Sustainment Technology (OSST) objectives and enable transition to a CBM based philosophy, "Bell understands Army Aviation's desire to move towards a predictive and proactive maintenance environment and is committed to getting these technologies to the Warfighter as quickly as possible," states Mike Blake, Bell's Executive Vice President of Customer Solutions, "The infusion of these technologies will reduce the cost of operation while making the aircraft safer for our soldiers."
Currently, aviation maintenance is generally performed on time schedules based on operating hours or a set number of days. The maintenance may or may not be necessary, which can result in unnecessary replacement of parts and expenditure of man-hours. The overarching goal of CBM is to set in place maintenance processes and capabilities that improve operational availability and reduce the overall maintenance burden.
One of the underlying objectives of Technology Investment Agreements (TIAs) is to harness emerging, commercially available technologies and transition them on to DoD weapons systems in a rapid fashion, "It is a privilege for Bell to be partnered with AATD on this program" comments Elaine Vaught, Bell's Senior Vice President of Engineering, "Our objective is to work with AATD to develop robust technologies that will not only be embedded in future aircraft designs, but will also be retrofittable to the Army's fielded fleet wherever possible."
About Bell Helicopter
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.
About Textron Inc.
Textron Inc. is an $11 billion multi-industry company operating in 32 countries with approximately 40,000 employees. 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 Company , Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.