Bell Textron Canada Announces Contracts with Alpine Aerotech and Heli-One to Extend Life of CH-146 Griffon fleet

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Agreements ensure increased Canadian content and value for the RCAF

Mirabel (Québec), April 26, 2023 – Bell Textron Canada Limited, a Textron Inc. subsidiary (NYSE: TXT), is pleased to announce that it awarded subcontracts to Alpine Aerotech LP and Heli-One Canada ULC to support the Canadian Armed Forces in the modernization of its CH-146 Griffon aircraft fleet.

As the original manufacturer and intellectual property owner of the CH-146 Griffon helicopters, Bell was awarded the contract to extend the life of the 85-helicopter fleet in May 2022 by Public Services and Procurement Canada. As part of the contract, Bell will modify the first nine aircraft. Subsequent aircraft will be modified by the subcontractors who have been rigorously selected through a fair, open and transparent competition.

"I am pleased to announce the award of two important subcontracts to Alpine Aerotech and Heli-One. These contracts will support job creation in Canada and demonstrate once again the importance and quality of our Canadian companies in the aerospace sector. We are proud to join forces with these dedicated and established rotorcraft support entities driven by excellence to support the Canadian Armed Forces and our men and women in uniform throughout the Griffon missions here and abroad," said Steeve Lavoie, president of Bell Textron Canada.

“On behalf of the entire Alpine Aerotech team, we are extremely pleased to be continuing our longstanding relationship to support both Bell and the Department of National Defense with the upcoming CH146 Griffon Mk II (GLLE) implementation. We wish to congratulate Heli-One as being also selected to support the implementation and look forward to working together to facilitate a successful program for all stakeholders,” declared Jeff Denomme, president of Alpine Aerotech.

“Heli-One is thrilled to be selected by Bell as a supplier for the Griffon Life Limited Extension (GLLE) modification embodiments. The CH-146 Griffon is used as a multi-purpose utility helicopter by the Royal Canadian Air Force and is essential to operations both at home and overseas. We are extremely excited for the opportunity to work with Bell to upgrade the CH-146 Griffon and keep the fleet flying well into the future,” states Carolyn Forsyth, general manager – sales, Commercial and Customer Support at Heli-One.

For almost four decades, Bell Textron Canada has been designing, developing, assembling, delivering and sustaining state-of-the-art commercial helicopters in Mirabel to provide vertical take-off solutions to operators, businesses and government agencies around the world, building a remarkable legacy as Canada's helicopter company. To learn more about Bell Textron Canada, visit the company's web page at bell.co/ca

PRESS CONTACT

Patricia Bergeron

Manager, Communications Canada, Bell

514-242-4213

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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