Bell Delivers First Bell 429 for Offshore Operations in Cameroon

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Dubai, UAE (Nov. 15, 2023) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced a signed purchase agreement with Caverton Helicopters Limited for a Bell 429, which will be utilized for offshore operations in Cameroon. This is the first Bell 429 to operate in the oil and gas market in West Africa.

“Caverton’s choice to introduce the Bell 429 into its fleet not only demonstrates the strengthening of our relationship with Caverton, but also the Bell 429’s ability to exceed the critical requirements of West Africa’s offshore utility market. The hard-working men and women who are the core of the most important industries in West Africa will come to count on the Bell 429 to ensure mission success,” said Patrick Moulay, senior vice president, International Sales.

Caverton Helicopters is a subsidiary of the Caverton Offshore Support Group Plc (COSG), which is a fully integrated offshore support company providing aviation and marine logistics services to businesses operating in the oil and gas industry in Nigeria and across West Africa.

“Having operated a variety of Bell products across our operations over the years, we are excited to continue with this brand, synonymous with excellent performance,” said Rotimi Makanjuola, Chief Operating Officer, Caverton Offshore Support Group. “Introducing the Bell 429 into our fleet is an exciting milestone for us and will enable us to provide the best support for our oil and gas clients across the continent.”

There are currently more than 450 Bell 429s operating around the world, with over 602,000 global flight hours. The Bell 429 keeps crews safe in treacherous environments and protected from wear, combining a large multi-mission cabin with impressive speed and modern technology to provide capabilities that are critical to operators around the globe.

For more information, visit the Bell 429 product page on our website.

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About Textron

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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, 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, 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; changes in government regulations or policies on the export and import of our 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; and risks related to our international business, including establishing and maintaining facilities in locations around the world and 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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