Bell Helicopter to Display V-280 Valor Mockup at AUSA

October 08, 2014

Fort Worth, Texas (October 08, 2014)Bell Helicopter, a Textron Inc. company (NYSE: TXT), will showcase the full scale Bell V-280 Valor mockup at the Association of the United States Army (AUSA) annual meeting and exposition, held at Walter E. Washington Convention Center in Washington, D.C. next week from October 13 - 15. Attendees will get an up-close look at the advanced tiltrotor and have the chance to learn more about the next generation of vertical lift.

AUSA is the largest landpower exposition and professional development forum in North America. Over 500 Army and industry exhibitors gather to inform and educate on pertinent military subjects.

"Participating in AUSA gives us the opportunity to demonstrate our commitment to the U.S. Army,” said John Garrison, president and CEO of Bell Helicopter. “The Bell V-280 program is focused on moving forward to build and fly a trusted, affordable and effective aircraft as part of the continuing Joint Multi-Role Technology Demonstrator (JMR-TD), the precursor to Future Vertical Lift (FVL).”

The clean-sheet Bell V-280 is designed to cover ground twice as quickly as any existing platform. The tiltrotor leverages vertical takeoff and landing (VTOL) capability into a strategic and tactical advantage for battle planning. Bell Helicopter leads the industry with combat-proven tiltrotor technology, and has invested heavily in the next generation tiltrotor—the Bell V-280 Valor.

“It is a great testament to Team Valor that we were selected to build and fly the V-280 Valor,” said Garrison. “The V-280 is a platform that can and will redefine military doctrine in the future. The ability to self-deploy up to 2100 nm with a single refueling when paired with the cruise speed of 280 KTAS (322 miles per hour) will allow military planners to literally rewrite the book on battle planning and forward operations. We are confident in our design, and we look forward to demonstrating V-280 capabilities in the months and years ahead.”

The V-280 is supported by Team Valor, which includes Lockheed Martin and several additional leading aerospace companies who are bringing industry-leading engineering resources and capabilities to the V-280 design and manufacturing process

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ANDY WOODWARD
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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, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. For more information, visit 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 risk that the U.S. Army will not choose the Bell V-280 for its Future Vertical Lift program; the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; and performance issues with key suppliers, subcontractors or business partners.

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

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