Aerochine Aviation Purchases Bell 407GXP for Corporate and VIP Transport

April 19, 2016

Bell Helicopter hosted a signing ceremony in their chalet at ABACE

Fort Worth, TX (April 19, 2016) Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today the sale of a Bell 407GXP to Aerochine Aviation at the Asian Business Aviation Convention and Exhibition (ABACE) held last week. The aircraft will be outfitted for corporate and VIP transport, which continues to be a strong market segment throughout China.

Aerochine Aviation, an Independent Representative of Bell Helicopter for China, Hong Kong and Macau, joined Bell Helicopter leadership at their chalet to sign for the aircraft.

Pictured Left to Right: Mr. Chris Jaran, Bell Helicopter’s vice president of China;

Ms. Diana Chou, Chairman of Aerochine Aviation Limited; Mr. Weldon Epp, Consulate General of Canada in Shanghai;

Mr. Ryan Baerg, Deputy Consul General of Canada in Shanghai.

“Customers continue to praise the Bell 407GXP for its versatility and state-of-the-art technology that allows them to perform a range of missions,” said Chris Jaran, Bell Helicopter’s vice president of China. “We have an established relationship with Aerochine Aviation and look forward to delivering this aircraft and providing our industry-leading support when and where they need it.”

The Bell 407GXP is another example of Bell Helicopter’s continued investment in its current products to enhance customer value and increase mission capability. The Bell 407GXP is an upgrade to Bell Helicopter’s best-selling platform, the Bell 407, with added value through industry leading performance, payload capability and operating economics.

“With more than 40 Bell 407 aircraft operating throughout China, we are pleased to see the continued interest in our modern commercial product line from our Chinese customer base,” added Jaran.

ABACE brings together over 8,500 business aviation leaders, entrepreneurs, and other decision-makers. In partnership with the Shanghai Airport Authority (SAA) and cohosted by the National Business Aviation Association (NBAA) and the Asian Business Aviation Association (AsBAA), ABACE takes place at the Shanghai Hawker Pacific Business Aviation Service Centre.

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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, Textron Systems, and TRU Simulation + Training.  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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David Rosenberg, Vice President, Investor Relations
(401) 457-2288
Kyle Williams, Manager, Investor Relations
(401) 457-2288

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