THE SUBARU BELL 412EPX INTRODUCED AS PART OF JAPAN UH-X PROGRAM

Farnborough, United Kingdom (16 July 2018) – At a ceremony held at Farnborough Air Show today, BELL HELICOPTER, a Textron Inc. (NYSE:TXT) company and SUBARU Corporation announced their collaboration on a commercial enhancement of the BELL 412 EPI, which was type-certified this month as the 412 EPX, in support of the Japan UH-X program.

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In 2015, Bell’s long-term partner, SUBARU (formerly known as Fuji Heavy Industries), was awarded the contract for the Japan UH-X program to replace Japan Ground Self Defence Force’s (JGSDF) current fleet of UH-1J aircraft with a militarized derivative of the SUBARU BELL 412EPX, which will enable the JGSDF to protect and save lives across its challenging topography, while addressing Japan’s unique requirements.

With improved performance and safety features, the SUBARU BELL 412 EPX will also provide more capability while maintaining its long-established reputation for utility and reliability for commercial customers.

Our relationship with SUBARU extends over six decades. Together, we were the first to deliver military helicopters to Japan’s defense force. We look forward to continuing our successful collaboration on the UH-X and the 412 EPX Programs. Mitch Snyder, Bell President and CEO
Under cooperation with BELL, the SUBARU BELL 412EPX will provide a great opportunity to expand the commercial business. Further, the UH-X, which will replace the current UH-1J aircraft, will start delivery to JGSDF in 2022 and will be deployed for island defense and disaster relief efforts. Shoichiro Tozuka, Corporate Executive Vice President and President of Aerospace Company, SUBARU

The SUBARU BELL 412EPX will benefit from a more robust main rotor gearbox dry run capability, increased internal Maximum Gross Weight to 12,200 lbs. and mast torque output of +11% at speeds below 60 knots. This will provide operators the ability to transport more supplies and achieve better operational efficiency.

The SUBARU BELL 412EPX commercial variant is planned to become available to customers globally through SUBARU and BELL in the future. A commercial prototype has undergone testing at Bell’s facility in Mirabel, Canada, and FAA certification was achieved on July 5, 2018.

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About Bell

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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.

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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, 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, changes in aircraft delivery schedules or cancelations or deferrals of orders.

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