Tata Advanced Systems Limited and Bell Helicopter to collaborate on India Aviation and Defense Modernization Initiative

July 14, 2016

Collaborations will support helicopter and vertical lift expansion in the country

HYDERABAD, India (July 14, 2016) – Tata Advanced Systems Limited (TASL) and Bell Helicopter, a Textron Inc. (NYSE: TXT) company have signed an agreement to work together in support of India’s aviation and defense modernization initiatives with an emphasis on ‘Make in India’.

Under this agreement TASL and Bell Helicopter will join forces to develop both commercial and government (including military) rotary wing markets in India in the Light Utility and Reconnaissance segments. The scope of this agreement is intended to include potential production and assembly capabilities, certain training and maintenance, repair and overhaul requirements, as well as research and development programs and technology sharing that will grow industrial capabilities and result in innovative “Make in India” solutions.

“TASL’s alliance with Bell Helicopter is significant because of our shared synergies; our defense manufacturing capabilities and focus on innovation are well aligned with Bell Helicopter’s core competence. This will build on the partnerships that TASL already has in the rotorcraft market allowing it to offer a full range of products to potential customers. The collaboration, which is in line with the government’s ‘Make in India’ initiative, holds potential not only in the domestic market but, will also strengthen India’s position in the international market,” said S. Ramadorai, Chairman of Tata Advanced Systems Ltd.

TASL is focused on providing integrated solutions for Aerospace, Defense and Homeland Security. It has become a significant player in the global aerospace market, becoming the premier manufacturing partner for global OEMs. It has capabilities throughout the aerospace value chain from design to full aircraft assembly, and is well positioned in other areas that include missiles, radars, unmanned aerial systems, command and control systems, optronics and homeland security.

“TASL has been a leader in driving industrial growth in India, and its organization ideally complements Bell Helicopter both in terms of innovative thinking, manufacturing capability and a commitment to business ethics, integrity and customer satisfaction,” saidMitch Snyder, president and CEO of Bell Helicopter. “We are honored to build on our relationship with TASL to leverage its experience and knowledge to customize, integrate and manufacture specific local Bell Helicopter solutions for India.”

Known for its industry-leading support and service, Bell Helicopter has been supplying helicopters to India for more than six decades – in fact, the first Bell Helicopter was delivered into the country in 1953. Today, there are more than 90 Bell aircraft operating throughout India in several sectors including commercial, civil/government, and military operations.

Bell Helicopter opened a liaison office in India in 1995, and since then has been providing customer support to customers in the region with dedicated Customer Service Engineers and its authorized Customer Service Facility. In 2004, Textron Inc. opened an engineering and technology center in Bangalore that employs more than 130 Bell Helicopter engineers working various programs. Bell Helicopter also has a sales office in New Delhi.    

 

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Press Contacts

Bridget Hall

Bell Helicopter

Office: 817-280-7963; Mobile: 817-964-0334; bhall@bh.com

Sarika Kapoor Chokshi/ Arushi Agarwal
Tata Advanced Systems Limited (TASL)
022 66657891/ 7564.
skchokshi@tata.comarushiagrawal@tata.com

About Tata Advanced Systems

Tata Advanced Systems Limited is a wholly owned subsidiary of Tata Sons, focused on providing integrated solutions for Aerospace, Defence and Homeland Security. In a short span of five years, Tata Advanced Systems Limited has become a significant player in the global aerospace market, becoming the premier manufacturing partner for global OEMs, including Boeing, Airbus Group, Sikorsky Aircraft Corporation, Lockheed Martin Aeronautics, Pilatus Aircraft Ltd, Cobham Mission Equipment, RUAG Aviation, as well as the Government of India’s Defence Research & Development Organisation. It has capabilities throughout the entire aerospace value chain from design to full aircraft assembly, and is well positioned in other areas that include missiles, radars, unmanned aerial systems, command and control systems, optronics and homeland security.

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 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.

Connect with Textron IR

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

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