Bell CEO Mitch Snyder Discusses Challenges to the Industrial Base During COVID-19
During an online event hosted by the Center for Strategic and International Studies (CSIS) Defense-Industrial Initiatives Group, President and CEO of Bell Mitch Snyder virtually participated in a panel discussion about industrial impact from COVID-19 with Nazzic S. Keene, Chief Executive Officer of SAIC, and General Hawk Carlisle USAF (Ret), President & CEO of National Defense Industrial Association. Snyder describes Bell's business environment as "positive".
"We just finished the best first quarter we've had in years and are having a great second quarter, so far. Productivity is up; everyone is focused on work," said Mitch Snyder. "We contacted over 1000 suppliers individually, and we have 90% of our supply base still operating. We worked with the local governments to ensure that our businesses in other countries are still deemed essential. The reaction has been positive and has allowed us to accelerate our military business and adjust deliveries of commercial aircraft." As for the "war for talent," he says that the "excitement of the mission is still drawing people to Bell."
Watch the full discussion below:
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.
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