Anaheim, CA (February 26, 2014) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, set the standard at HELI-EXPO 2014 with the reveal of the Bell 505 Jet Ranger X™ and a full-size mock up of the Bell 525 Relentless™ in search-and-rescue configuration. By the end of the first day, Bell completed more than 100 signings that included the Bell 505 Jet Ranger X, 407GX, Bell 412EP and Bell 429.
“We have been working harder than ever to engage our customers at every stage of aircraft development, from customer-driven designs all the way to our industry-leading customer support and service,” said John Garrison, president and CEO of Bell Helicopter. “These orders are the result of our commitment to put the customer at the center of everything we do while ensuring we deliver the products, services and support they need.”The signings to date include:
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94 letters of intent for the Bell 505 Jet Ranger X
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5 orders for the Bell 407GX
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3 orders for the Bell 412EP
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1 order for the Bell 429
At this year’s HELI-EXPO, Bell Helicopter opened HELI-EXPO 2014 at booth 4536 with a number of new announcements and models, headlined by the official introduction of the Bell 505 Jet Ranger X, the newly named aircraft designed for the short light single market. Three different aircraft mockups are on display at the booth and a new online ordering system was also launched to the public. In addition, the booth included a new mockup of the Bell 525 Relentless configured for search and rescue missions, a Bell 407GX, and a Bell 429WLG. Key program and segment leaders will also provide customer presentations in Mission Theater Wednesday and Thursday at the booth, and Bell Helicopter will also conduct flight demonstrations at the show.
HELI-EXPO 2014, held in the Anaheim Convention Center, will host 20,000 industry professionals, more than 700 competitive exhibitors, over 60 helicopters on display and more than 50 educational opportunities, including education courses, seminars, workshops and forums.
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About Bell Helicopter
ell 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 tiltrotor 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 multi-industry company that leverages its global network of aircraft, defense, 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, and Textron Systems. More information is available at www.textron.com.
Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these 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 statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; performance issues with key suppliers or subcontractors; and continued demand softness or volatility in the markets in which we do business.