Bell Aerospace Services Begins Work on U.S. Marine Corps Reset Maintenance Contract

March 04, 2009

Bedford, TX - March 4, 2009 - Bell Aerospace Services Inc. (BellAero), a wholly owned subsidiary of Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today that it has begun work on a multi-year contract with a projected total value of $173 million, as a subcontract member of a team led by PKL Services Inc of Poway, Calif. The team is currently providing selected organizational-level maintenance (Reset) for Lot 3 and Lot 4 of U.S. Marine Corps rotary wing aircraft.

"We are very proud that U.S. Marine Corps has selected the team led by PKL Services for this crucial task of aircraft reset and field maintenance support," said Randy Pilling, BellAero Support Services general manager. "This award further validates the confidence that the U.S. Marine Corps and PKL Services have in the value that BellAero offers."

"This is also the first contracted opportunity for BellAero to prove our capability to support Boeing and Sikorsky platforms and we are eager to show how well we can perform," Pilling added. "It is indeed an honor and privilege to play a vital role in supporting the USMC as part of the PKL Services Team."

The primary goal of the USMC Reset Project contract is to optimize the material condition of U.S. Marine Corps aircraft that are participating in the Global War On Terror. The Reset Project employs a program of conditional inspections and phased maintenance which includes inspection, cleaning, corrosion treatment, servicing, disassembly, reassembly, repair and select mandatory replacement of parts.

A secondary goal of the Reset Project is to allow civilian contractors to reduce the maintenance burden on active-duty Marine maintainers by performing scheduled and unscheduled organizational level maintenance. The PKL Services, JK Hill and BellAero team will perform this work on both Lot 3 aircraft (AH-1W, UH-1N, CH-53D/E) and Lot 4 aircraft (CH-46E) at multiple locations worldwide.

Bell Aerospace Services provides competitive turnkey aviation maintenance and support services to the U.S. Marine Corps, U.S. Air Force, U.S. Navy, U.S. Army and U.S. Special Operations Command on multiple rotary wing and tiltrotor platforms throughout the world. In June 2005, BellAero acquired US Helicopter, widely regarded as the premier maintenance and modification center for H-1 helicopters in the world. Over the last fifteen years, US Helicopter has refurbished more than four hundred UH-1 helicopters and installed more than one hundred and fifty Huey II upgrade kits.

About Bell Helicopter
Bell Helicopter, a wholly owned subsidiary of Textron Inc., 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 a $14.2 billion multi-industry company operating in 28 countries with approximately 42,000 employees. The company leverages its global network of aircraft, defense and intelligence, 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

Forward-looking Information: This release contains forward-looking statements regarding a U.S. Government program awarded to Bell Helicopter. These forward-looking 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 forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the following: (a) Textron's ability to perform as anticipated and to control costs under contracts with the U.S. Government; (b) the U.S. Government's ability to unilaterally modify or terminate its contracts with Textron for the Government's convenience or for Textron's failure to perform, to change applicable procurement and accounting policies, and, under certain circumstances, to suspend or debar Textron as a contractor eligible to receive future contract awards; (c) changing priorities or reductions in the U.S. Government defense budget, including those related to Operation Iraqi Freedom, Operation Enduring Freedom and the Global War on Terrorism; and (d) changes in national or international funding priorities, U.S. and foreign military budget constraints and determinations and government policies on the export and import of military and commercial products.

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