Fort Worth, Texas (October 6, 2021) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced it has signed a teaming agreement with CAE USA Inc., a globally recognized training and mission systems integrator. As part of the collaboration, CAE has agreed to provide Maintenance Training Devices, to assist in the development of Flight Training Devices, and deliver other training products including courseware, Interactive Multimedia Instruction, and procedural training solutions for Bell’s Future Vertical Lift family of systems.
As a member of Team Valor and Team Invictus, CAE brings unparalleled experience and technological proficiency in U.S. Army Aviation training that will provide invaluable support as FLRAA and FARA move to programs of record. Per the terms of the agreement, CAE will host early V-280 Valor training at their Dothan, Alabama Training Facility. At this state-of-the-art CAE facility, Army Aviators will have access to next-generation training capabilities.
“Future Vertical Lift is ushering in next-generation capabilities to the U.S. Army. CAE will provide soldiers the operability and maintainability knowledge base needed to successfully operate the V-280 Valor and 360 Invictus in contested environments,” said Keith Flail, Executive Vice President, Advanced Vertical Lift Systems. “The addition of CAE to Team Valor and Team Invictus demonstrates not only Bell’s commitment to providing the Army the highest performance and flight-proven option to move FLRAA and FARA to programs of record, but also to provide the best training solution possible to the Warfighters.”
With the progression of FLRAA and FARA towards programs of record, Team Valor and Team Invictus are committed to adding industry innovators that will provide Army Aviation transformational capabilities. Delivering these advanced weapons systems requires going beyond just developing cutting-edge technology. It also calls for ensuring that warfighters are fully prepared to utilize this technology for multi-domain operations.
“FLRAA and FARA are critical for Army modernization,” said Daniel Gelston, Group President, CAE Defense and Security. “CAE’s digital technology and synthetic training environments partnered with Bell’s enhanced flight-proven platforms, the V-280 Valor and the 360 Invictus, deliver transformational capabilities to Army aviation. We provide soldiers advanced operational training and enable the Army’s transition to Future Vertical Lift technology. CAE is proud to contribute to Team Valor and Team Invictus as part of efforts to prepare the next-generation of Army Aviation for future battlefields.”
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, the risk that Team Valor and Team Invictus will not be chosen for the U.S. Army’s Future Vertical Lift programs; the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; and performance issues with key suppliers, subcontractors or business partners.
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.
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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