Saudi Geological Survey to Use Bell 429 to Aid in Geological Survey and Mineral Exploration

February 24, 2015

Abu Dhabi, United Arab Emirates (February 24, 2015) – Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today the signed purchase agreement for a Bell 429 outfitted to perform utility roles in the Middle East by Saudi Geological Survey. The company will use the aircraft to support geological mapping, mineral exploration and many other sustainable management activities.

The aircraft was signed for by Dr. Zohair A. Nawab, President of SGS in a formal signing ceremony at International Defense Exhibition and Conference (IDEX). 

“We needed an aircraft that could withstand the extreme environments we operate in day-to-day,” said Nawab. “Using the Bell 429’s performance capabilities in high and hot conditions coupled with exceptional vibration control and stability we can better acquire geological data that can help provide a better quality of life to our nation.”

Saudi Geological Survey is an earth science organization serving their community to create a healthy environment. The organization places an emphasis on understanding the geologic, economic and engineering factors that affect sustainable management of resources.

“We are confident the Bell 429 will aid in making great contributions to the geological field and help the community in which it serves,” said Steve Suttles, vice president and managing director of sales in the Middle East and Africa. “As the rotorcraft industry continues to grow in the region, our customers are realizing the reliability and versatility of the Bell 429.”

The Bell 429 is one of the most advanced light twin helicopters ever developed, offering a fully integrated glass cockpit with advanced drive system and best-in-class WAAS navigation and IFR capability. Additional safety features include a collective mounted throttle, damage tolerant hub and rotor system, and energy attenuating seats. It is the first helicopter certified through the MSG-3 process, resulting in reduced maintenance costs for operators.

From L to R: Adam Cuquet, David Sale, Fahad Wallan, Mr. Ghazi J.S. Abdulhay, John Garrison, president and CEO of Bell Helicopter, HE Dr. Zohair A. Nawab, president of Saudi Geological Survey, Patrick Moulay, Saad Wallan, Mr. Faisal Qazi B Shalabi, Steve Suttles

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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 changes in aircraft delivery schedules or cancellations or deferrals of orders.

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