EuroTec Japan Inc. Signs Purchase Agreement for First Bell 407GXP in Japan

October 14, 2016

Japan Aerospace 2016 – Tokyo, Japan (October 14, 2016)— Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced a signed purchase agreement for the first Bell 407GXP in Japan by EuroTec Japan Inc., a comprehensive leasing transport, service and support company in Japan. The aircraft will be outfitted for corporate and VIP transport throughout the region.

Leadership from Bell Helicopter and EuroTec signed for the Bell 407GXP at the Bell Helicopter booth during the Japan International Aerospace Exhibition.


Pictured Left to Right: Takuya Masamura, Regional Sales Manager; Patrick Moulay, EVP Global Commercial Sales and Marketing; Mr. Masaki Ogura, president, EuroTec; Richard Thornley, managing director of Japan

“We are thrilled to be the first in Japan to sign for the Bell 407GXP,” said Mr. Masaki Ogura, president of EuroTec. “The smooth, quite ride, combined with the high performance of the aircraft is exactly what I was looking for to quickly and comfortably conduct business throughout the region.”

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.

“The performance capabilities of the Bell 407GXP make it the right choice for any mission type,” said Richard Thornley, Bell Helicopter’s managing director of Japan. “We are very pleased EuroTec has chosen the Bell 407GXP to join their operations. They have operated several Bell helicopters, and we look forward to growing EuroTec’s Bell fleet for the years to come.”

The Bell 407GXP, launched in 2015, is an upgraded to the Bell 407 product line that provides an additional 50 lbs. (22.5 kg) of payload capability, coupled with a new M250 Rolls-Royce engine that improves performance and fuel efficiency delivering class-leading hot and high performance. The Bell 407GXP is also equipped with new avionics features such as hover performance calculator improvement, as well as transmission TBO extension of +500 hours that will lower maintenance costs.

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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, Bad Boy Off Road, 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, our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; changes in government regulations or policies on the export and import of commercial products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

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