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Two Corporate Customers in Chile Sign Letter of Intent for the Bell 505 Jet Ranger X

This marks 13 Bell 505 LOIs in Chile, which continues to be a growing market for the aircraft

FIDAE – Santiago, Chile (March 31, 2016) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced two Bell 505 letter of intent (LOI) signings in Chile to two corporate customers. Both aircraft will be outfitted for corporate and VIP transport for flights throughout the region. These signings are a testament to the growing demand of this aircraft and brings the current LOI count to more than 350 worldwide and more than 75 throughout Latin America.

‎Bell Helicopter’s Vice President of Global Sales and Marketing Patrick Moulay and one of the customers signed a LOI for the Bell 505 at the FIDAE Airshow.

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Pictured Left to Right: Bell Helicopter’s Independent Representative (IR) in Chile, Roberto Sieveking, commercial manager, Eagle Copter; Patricia Flores, Bell Helicopter’s sales representative, Latin America; Mr. Eduardo Bianchi; Patrick Moulay; Nicholas Peffer, regional sales manager, Mexico and Chile; Martin Busquets, IR in Chile, Eagle Copter. 

The second LOI signing took place during the course of the show to a private owner.

“The Bell 505 is ideally suited to fit the needs of the Latin American market, and we are pleased to see the growing numbers of customers signing for the aircraft,” said Patrick Moulay. “The Bell 505 offers an exceptional combination of value, performance and features available on the market, and fits a diverse mission set to serve every customer.”

The five-seat, single-engine, turbine helicopter leverages Bell Helicopter’s proven technology and nearly half a century of experience defining the short light single market with the original Bell JetRanger.

Three flight test vehicles have amassed more than 575 flight hours and work has begun to prepare for initial production at the Louisiana Assembly Center which opened last year in Lafayette, Louisiana. Additionally, engine partner Turbomecca received EASA type certification for the Arrius 2R engine which will power the Bell 505.

The Bell 505, which first flew November 10, 2014 and is equipped with a dual channel FADEC, the first in the short light single weight class, increasing safety through redundant engine controls and reducing pilot workload so they can focus on accomplishing the mission.  An integrated glass cockpit as part of the base configuration simplifies the cockpit for the crew, replacing mechanical dials with 10” flat screens allowing the crew to focus on the information they need for a given flight condition.

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Press Contact:

LINDSEY VIOTTO 

+1 817-280-3100 

mediarelations@bh.com

About Bell

About Bell

Thinking above and beyond is what we do. For more than 90 years, we’ve been reimagining the experience of flight – and where it can take us.

We're an aerospace and defense company that engineers and manufactures aircraft for critical solutions in extreme scenarios. We're breaking barriers in lifting people to safety across transportation, medical, rescue and military services, and leading the industry in future solutions that are fast, reliable and efficient.

Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with generations of employees who have served, many in combat theatre of operation, 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 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 cancelations or deferrals of orders.


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