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Bell Boeing Announces Contract for First V-22 Ospreys to Japan

Published on: 2015-07-17 10:29:08

  • Agreement enhances Japan’s defensive and humanitarian operations
  • Marks first international sale for V-22

PATUXENT RIVER, Md.–(BUSINESS WIRE)–
Bell Boeing, a strategic alliance between Bell Helicopter, a Textron
[NYSE: TXT] company, and Boeing [NYSE: BA], was awarded a U.S. Navy
contract today for five Bell Boeing V-22 Osprey tiltrotor aircraft to be
delivered to Japan, marking the first sale of the aircraft through the
U.S. government’s foreign military sales program.

The contract for the Block C aircraft includes support, training, and
equipment. The versatile V-22 tiltrotor will allow Japan’s Ground
Self-Defense Force greatly enhanced capabilities, while providing an
ideal platform for relief efforts in response to natural disasters.

“The Bell Boeing team is honored to have Japan as the first
international customer for the V-22 tiltrotor,” said Mitch Snyder,
executive vice president of Military Business for Bell Helicopter. “The
distinct performance envelope of the V-22 will provide Japan with an
ideal solution when the need arises. When assets are required on-target
in a location without an airstrip, the self-deployable Osprey provides
customers with an unrivaled combination of speed, range, and payload to
execute a variety of missions.”

The V-22 is currently in service with the United States Marine Corps and
the United States Air Force Special Operations Command. This year, the
United States Navy announced their decision to procure 44 V-22 aircraft.

“This is an important day for the Bell Boeing team in Japan and for the
U.S.-Japan Alliance,” said Shelley Lavender, president of Boeing
Military Aircraft. “The V-22 redefines what’s operationally possible for
a country, and we’re looking forward to delivering this capability to
Japan as we continue our enduring partnership there.”

The Osprey’s mission capabilities include troop transport, disaster
relief, personnel recovery, medical evacuation, logistics support, and
executive transport.

Bell
Helicopter
, a wholly owned subsidiary of Textron Inc., is an
industry-leading producer of commercial and military, manned and
unmanned vertical-lift aircraft and the pioneer of the revolutionary
tiltrotor aircraft. Globally recognized for world-class customer
service, innovation and superior quality, Bell’s global workforce serves
customers flying Bell aircraft in more than 120 countries.

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 Helicopter,
Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO,
Greenlee, and Textron Systems. For more information, visit www.textron.com.

A unit of The Boeing Company, Defense, Space & Security is one of the world’s largest defense, space
and security businesses specializing in innovative and
capabilities-driven customer solutions, and the world’s largest and most
versatile manufacturer of military aircraft. Headquartered in St. Louis,
Defense, Space & Security is a $31 billion business with 53,000
employees worldwide. Follow us on Twitter: @BoeingDefense.

Certain statements in this press release may project revenues or
describe strategies, goals, outlook or other non-historical matters;
these forward-looking statements speak only as of the date on which they
are made, and we undertake no obligation to update them. 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 our ability to perform as anticipated and
to control costs under contracts with the U.S. Government; changes in
foreign military funding priorities or budget constraints and
determinations, or changes in government regulations or policies on the
export and import of military products; volatility in the global economy
or changes in worldwide political conditions that adversely impact
demand for our products; and performance issues with key suppliers,
business partners or subcontractors.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150714006720/en/

BELL HELICOPTER Press Contact

ANDREW WOODWARD,
1-817-280-3100
mediarelations@bh.com
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BOEING
Press Contact

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