Bell Helicopter Announces the Establishment of Bell Helicopter Co., Ltd. in Japan; Establishes a Managing Director for the Region

February 27, 2014

FORT WORTH, TEXAS (February 27, 2014)Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today the formation of a registered company in Japan, Bell Helicopter Co., Ltd. To support the company’s efforts in the region, Mr. Richard Thornley will assume the role of managing director of Bell Helicopter in Japan. In this new position, Thornley is responsible for marketing and sales and support activities within Japan as Bell Helicopter continues to broaden its presence in this key global market.

The new local office in Tokyo, Japan, will perform the sales and marketing efforts for new aircraft in the commercial and civil government sectors in Japan. Longer-term, it will also be responsible for supporting Bell Helicopter’s aftermarket support efforts including supporting the authorized Customer Service Facilities (CSFs) in Japan.

”There are significant growth opportunities in the Japan market, and Bell Helicopter is committed to expanding our presence in the region,” said Danny Maldonado, Bell Helicopter's executive vice president of Sales and Marketing. ”Richard has worked in Japan for more than 17 years, most recently as president of Rolls-Royce Japan. His extensive background in the market makes him an excellent choice for this role."

“I am excited to be heading Bell Helicopter’s new entity in Japan, especially as we prepare for the first flight of the new Bell 525 and Bell 505 helicopters this year,” Thornley said. “I look forward to building on the strong relationships already in place with our many loyal Japanese customers and look forward to serving them even better in the future.”

Thornley has spent more than 30 years in the aviation industry. He worked with Westland Helicopter for 22 years, eight of which he served as president of Westland Japan, leading aircraft sales to the Japanese navy, police and education ministry. Thornley then joined Rolls-Royce as president of its Japan operations. During his nine years with Rolls-Royce, he oversaw growth of a small office from three to 65, and breakthrough orders from All Nippon Airways (ANA), Skymark and Japan Airlines (JAL). A British citizen, Thornley was honored with a CBE (Commander of the Most Excellent Order of the British Empire) by Her Majesty the Queen in 2012 for Japanese industrial relationships and business in Japan.

Thornley holds a Bachelor of Science in engineering as well as a Master in Business Administration. He is a Fellow of the Royal Aeronautical Society.

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About Able Engineering & Component Services, Inc. and Able Aerospace, Inc.
Able Engineering & Component Services, Inc. and Able Aerospace, Inc., combine more than 32 years of dynamic component repair and overhauls with more than 30 Engineering professionals, a large spares inventory and PMA parts. They are focused on safely reducing aircraft operating costs by providing resourceful component repair, overhaul and approved replacement solutions.

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 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 may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. 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.

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

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