Bell and Thales Collaborate on Flight Controls of the Future

October 23, 2018

Fort Worth, TX (October 23, 2018)– Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today a teaming agreement with Thales, for the development of flight control systems for Bell’s vertical take-off and landing (VTOL) aircraft and on-demand mobility (ODM) solutions.

“We continue to expand our team and capabilities for our ODM aircraft to bring the most advanced technology available and new vertical lift solutions to the market,” said Bell’s Scott Drennan, vice president of Innovation. “Our collaboration with Thales is intended to ensure a state-of-the-art, affordable flight controls system that will be designed to meet the needs of future piloted and fully autonomous on-demand mobility vehicles.”

Thales is engaged in creating the aerospace solutions that will make tomorrow’s vertical take- off and landing possible. As a global leader in commercial and military avionics and air traffic management, Thales designs systems that strive for the highest standards for future air mobility.

“Thales is playing a leading role in shaping the autonomous world,” said Thales Vice President for Avionics in Canada, Michel Grenier. “We are delighted to partner with Bell and contribute to the future of on-demand mobility. This agreement demonstrates our expertise in avionics and best-in-class flight control technologies that support critical safety and autonomy requirements.”

Bell continues to build the ODM network for the development of the Air Taxi. Thales will lead the flight controls system technology design and development. Additional partners announced will provide propulsion systems, avionics and vehicle management computers.

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Press Contact
Bell
LINDSEY HUGHES
+1 817‐280‐3100
mediarelations@bh.com
Bell Newsroom

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Press Contact
Thales
Adam Kostecki
1-703-838-5645
adam.kostecki@us.thalesgroup.com

ABOUT THALES
The people we all rely on to make the world go round – they rely on Thales. Our customers come to us with big ambitions: to make life better, to keep us safer. Combining a unique diversity of expertise, talents and cultures, our architects design and deliver extraordinary high technology solutions. Solutions that make tomorrow possible, today. From the bottom of the oceans to the depth of space and cyberspace, we help our customers think smarter and act faster - mastering ever greater complexity and every decisive moment along the way. With 65,000 employees in 56 countries, Thales reported sales of €15.8billion in 2017.

ABOUT BELL

Thinking above and beyond is what we do. For more than 80 years, we’ve been reimagining the experience of flight – and where it can take us.
We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were aboard NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of on-demand mobility.
Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.
Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Textron Off Road, Arctic Cat, 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, 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; the timing of our new product launches or certifications of our new aircraft products; and our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers.

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Eric Salander, Vice President, Investor Relations
(401) 457-2288
Jeffrey Trivella, Manager,
Investor Relations (401) 457-2288

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