Bell Textron Canada President Shares Solution for Supporting the Aerospace Industry – Buy Canadian

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Bell Textron Canada holds a critical role as a premier aerospace company and Canada’s only helicopter manufacturer, continuously driving vertical life innovation forward to elevate transportation. On March 25, our team joined the House of Commons’ Standing Committee on Industry, Science and Technology to discuss the Development and Support of the Aerospace Industry. Steeve Lavoie, President of Bell Textron Canada, delivered an address highlighting the need for a procurement strategy that supports Canadian businesses.

“The Government of Canada must make domestic procurement a priority if it is to meet its needs for national security and defence products and services. Canada must implement a Canadian content-based procurement strategy and support its industrial capacity as all other countries do. This committee is looking for solutions to support our industry. We believe this is one and that Canada could implement it now, given the impending [Royal Canadian] Air Force flight training program, which is being selected.”

This sentiment is echoed by other industry leaders as well as the Aerospace Industries Association Canada (AIAC) and the Canadian Association of Defence and Security Industries (CADSI) among others.

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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