Bell Signs Memorandum of Understanding with Korea Aerospace Industries (KAI)

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Fort Worth, TX (April 28, 2026) -- Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, has signed a Memorandum of Understanding (MOU) with Korea Aerospace Industries (KAI) to explore solutions based on the MV-75 for the Republic of Korea’s High Speed Medium Utility Helicopter (HSMUH) program, aligned with U.S. Government priorities and policies.

This cooperative effort between Bell and KAI reflects our shared vision of next generation vertical lift based on the MV-75, delivering the peak performance and capabilities through significantly enhanced speed, range, and maneuverability that a tiltrotor can offer.

Together, Bell and KAI will assess solutions that offer unmatched capability, to include leveraging a modular open systems approach (MOSA) that will enable the Republic of Korea (ROK) forces to rapidly and affordably modify the weapons system to support their military operations.

“Bell is excited to work with KAI,” said Jeff Schloesser, senior vice president, Strategic Pursuits, Bell. “MV-75 represents the next generation of vertical lift. HSMUH presents another opportunity to extend the reach of this advanced capability and interoperability with U.S. allies and partners.”

Bell and KAI will explore opportunities for industrial cooperation to support the effort as it continues to mature. This collaboration with KAI supports efforts to deliver a transformational capability. Bell is committed to working with KAI and identifying the best solution possible for the ROK.

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This material is based upon work supported by the Army Contracting Command - Redstone Arsenal under Contract No. W58RGZ-23-C-0001. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the Army Contracting Command - Redstone Arsenal.

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About Bell

Thinking above and beyond is what we do. For more than 90 years, we’ve been reimagining the experience of flight – and where it can take us.

We're an aerospace and defense company that engineers and manufactures aircraft for critical solutions in extreme scenarios. We're breaking barriers in lifting people to safety across transportation, medical, rescue and military services, and leading the industry in future solutions that are fast, reliable and efficient.

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 Inc.

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, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. 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 cancelations or deferrals of orders.

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