Bell and Garmin Sign Teaming Agreement for On-Demand Mobility Avionics Systems

Fort Worth, TX (October 2, 2018) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today a signed teaming agreement with Garmin International, Inc. on the development and integration of the autonomous vehicle management computer (VMC) systems to support Bell’s vertical take-off and landing (VTOL) aircraft.

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At Bell, we believe a convergence of technological advancements is enabling the industry to drive solutions that will bring viable urban air transportation to our everyday lives in a way that is safe, quiet, convenient and affordable.This collaboration with Garmin brings us even closer to achieving our goal. There is still work to be done to operationalize on-demand mobility (ODM) in the vertical dimension, but we believe the future is real, possible, and very close to becoming a reality. Bell’s Scott Drennan, vice president of Innovation.

Garmin has decades of avionics experience and a strong history of collaboration with Bell in bringing vertical lift aircraft to market. Garmin’s innovative systems will provide enhanced safety and situational awareness in all weather conditions.

 

“We are honored to team with Bell to provide the autonomous vehicle management computer for the future of urban air travel,” said Carl Wolf, vice president of aviation marketing and sales. “As a demonstrated and trusted innovator in the avionics industry, we look forward to leveraging our decades of experience, our ongoing development of simplified vehicle operations, and expansion into autonomous systems to deliver an innovative solution to this exciting, emerging market.”  

 

In this collaboration, Bell will lead the design, development and production of VTOL systems. Garmin will lead the design, development and production of the avionics hardware and software needed for ODM vehicle management, including primary flight information, navigation/communication, flight guidance and flight management systems. As previously announced, Safran will provide the hybrid propulsion system for Bell’s VTOL aircraft.

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About Bell

Thinking above and beyond is what we do. For more than 85 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 a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of advanced air 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

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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