Bell and Yamato Announce Strategic Collaboration to Transform On-Demand Delivery Service

October 12, 2018

Tokyo, Japan (October 12, 2018) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, and Yamato Holdings Co., Ltd. (TYO: 9064) announced their strategic collaboration for the future of civilian aerial logistics. Together they aspire to be a global leader in electric vertical take-off and landing (eVTOL) logistics and plan to do so by collaborating to integrate innovative autonomous unmanned vehicle systems and package handling systems to create an exceptional customer experience for on-demand logistics services. They expect to introduce their initial product into service by mid-2020s.

“In the past few years, our Bell team has renewed focus on novel innovative solutions to better serve our operators globally, and we are excited to use our expertise to redefine the practice of civilian logistics,” said Scott Drennan, Bell’s vice president of Innovation. “Through this joint effort, we are eager to set a new precedent for on-demand delivery and future large-scale logistics.”  

For the initial demonstration activities, Bell will lead the design, development and production of its Autonomous Pod Transport (APT), and Yamato will develop a customized detached pod, highlighting future ground-handling capabilities.  The companies’ goal is to demonstrate the integration of the existing ground logistics network with vertical lift capabilities to provide new and innovative services to their customers.

“We have provided logistics services for almost a century and are excited to invest in future services with next-generation technical solutions in collaboration with Bell to provide higher quality deliveries to our customers,” said Shinji Makiura, Yamato’s Management Executive Officer of innovation and business strategy.

Bell’s APT utilizes a tail-sitting eVTOL configuration and an innovative payload pod. The eVTOL can reach speeds of more than 100mph and can be small enough to handle loads up to 15 pounds, or large enough to transport 1,000 pounds. The APT capability enables a whole new level of expedited service and operational efficiency.

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Press Contact (US)
Bell
Felicia Carpenito
+1 817‐280‐3100
mediarelations@bh.com
Bell Newsroom

Press Contact (Asia-Pacific)
Bell
Eugene Tan
+65 6690-9741
ytan@bellflight.com 
Bell Newsroom

Press Contact (Japan)
Bell
Namiko Wada
+81-3-4510-7500
nwada@bellflight.com
Bell Newsroom

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Press Contact
Yamato
Hiroyuki Yamamoto
+81-3-3541-4141
koho@kuronekoyamato.co.jp

ABOUT YAMATO HOLDINGS CO., LTD.
Yamato Holdings is a holding company of Yamato Group which contains Yamato Transport providing TA-Q-BIN courier service, Yamato Logistics providing logistics services to corporate clients, and other affiliate companies providing various services, such as information system, settlement, and lifestyle support. Since its founding in 1919, the company has introduced two innovations in Japan: the first was route deliveries and the second was TA-Q-BIN. For its 100th anniversary in 2019, the third innovation “Value Networking” Design has begun and the company will contribute not only to individual customers but also to the business competitiveness of corporate clients. The company promotes “Project G (government)”, an initiative that cooperates with local governments across Japan for local revitalization, while its global strategies include the development of the TA-Q-BIN service in Asian countries and construction of cross border network for parcel delivery in Asia. The company continues to create new values by integrating functions of the group companies into the TA-Q-BIN network.

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.

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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