BELL BOEING DELIVER 400TH V-22 OSPREY

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HURLBURT FIELD, Fla. (June 10, 2020) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, and Boeing [NYSE: BA] have delivered the 400th V-22 Osprey to the United States Department of Defense. The U.S. Air Force Special Operations command received the CV-22 on June 2, marking a milestone for the world’s first production tiltrotor aircraft.

“The delivery of the 400th V-22 represents the demand for this platform’s unique capabilities. It is a testament to the diligence of the men and women from Bell, Boeing and our entire supply chain who build and deliver this incredible aircraft to our customers,” said Kurt Fuller, Bell V-22 vice president and Bell Boeing program director. “For over 30 years, the people who support the Bell Boeing V-22 have been the foundation in bringing tiltrotor capabilities to the world.”

The CV-22 is the Special Operations Forces (SOF) variant of the V-22 Osprey. The CV-22 Osprey is a tiltrotor aircraft that combines the vertical takeoff, hover and vertical landing qualities of a helicopter with the long-range, fuel efficiency and speed characteristics of a turboprop aircraft. Its primary mission is to conduct long-range infiltration, exfiltration and resupply missions for Air Commandos around the world and at a moment’s notice.

“It’s been over 20 years since the first production V-22 was delivered, and we are proud to reach another milestone in our 400th delivery. V-22s continue to be in high demand, protecting our country and our allies around the world through combat operations, international training partnerships and humanitarian missions,” said Marine Corps Col. Matthew Kelly, program manager for the V-22 Joint Program Office (PMA-275). “This platform’s impact can’t be overstated.”

The V-22 Osprey’s combination of speed, range, payload and vertical lift are ideally suited to the diverse environments, geographies and mission-types performed by operators around the world. The Marine Corps variant, the MV-22B, provides the safe and reliable transportation of personnel, supplies and equipment for combat assault, assault support and fleet logistics. Since 2007, it has been continuously forward-deployed in a range of combat, humanitarian and special operations. The Navy variant, the CMV-22B, is the replacement for the C-2A Greyhound for the carrier onboard delivery mission.

Ospreys continue to transform airpower capabilities by enabling the successful completion of missions not possible with conventional aircraft. The V-22 production line is currently on its third multi-year procurement contract.

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Press Contact

Jay Hernandez Bell

Sr. Military Communication Strategist

(817) 280-1949 Online Media Kit

Follow us @Bellflight

Bellflight.com

Meagan Lemelle

Boeing Defense, Space & Security

V-22 Osprey Communications

O: 314-232-0927

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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