Montenegro’s Air Force to add two Bell 505s to train new military and Air Force pilots in the region.
Fort Worth, TX (June 5, 2020) Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today that the Montenegro Air Force has signed a purchase agreement for two Bell 505 Jet Ranger X’s. These new aircraft will be used to train the Montenegrin military pilots. The agreement also provides that Bell will provide training for three pilots in France and eight technicians at its Bell Training Academy Fort Worth, TX. The helicopters will be delivered out of our Bell-owned service center in Prague.
“We are proud to provide the Montenegro Air Force with exceptional products and services. The Bell 505 is a phenomenal aircraft to train new military pilots,” said Duncan Van De Velde, managing director, Europe and Russia. “We thank Montenegro’s Air Force for continuing to grow its fleet with Bell aircraft. The Bell 505 will be a great addition to its program.”
The Bell 505 continues to have major success within Europe and other parts of the world. The aircraft includes a high-tech flight deck and adaptable cabin design making it extremely cost-competitive, and capable for any challenge. With the latest integrated Garmin avionics suite and dual channel FADEC, the aircraft provides increased situational awareness and safety allowing pilots to focus on training.
“We are proud to have the newest Bell 505 military trainer that is equipped with the latest technology in the Balkans Region,” said Colonel Nenad PAVLOVIC, Montenegro Air Force. “These aircraft will enable our pilots to better perform their public safety and other missions and to help protect our citizens.”
With a speed of 125 knots (232 km/h) and useful load of 1,500 pounds (680 kg), the Bell 505 is designed to be safe and easy to fly while providing significant value to the operator. The customer-driven design of the aircraft places safety, performance and affordability at the forefront, blending proven systems with advanced technology and a sleek, modern design.
The Bell 505s will be manufactured by Bell Textron Canada at their facility in Mirabel, Quebec. The sale was facilitated by the Canadian Commercial Corporation through a government-to-government contract. CCC supports the growth of international trade by helping Canadian exporters gain access to foreign government procurement opportunities.
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.
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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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