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Bell Helicopter sells two Bell 505 Jet Ranger Xs in Israel

Published on: 2015-06-30 12:54:29

Fort Worth, Texas (June 30, 2015) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announces today the order of two Bell 505s signed during the Paris Air Show. Both Bell 505 Jet Ranger Xs will be used for corporate transport in Israel, a testament to the growing demand of the Bell 505 in the region and bringing the success of the Bell 505 to over 340 worldwide.

“The Bell 505 is gaining traction in Israel,” said Jakub Hoda, Bell Helicopter, managing director for Europe and Russia. “We believe that this helicopter is the right fit for the region and we expect sales to continue to grow for this aircraft.”

The Bell 505, which first flew November 10, 2014, is a five-seat, single-engine, turbine helicopter leveraging Bell Helicopter’s proven technology and nearly half a century of experience. Its fully flat floor, increased cabin volume and clam shell doors provide the configuration flexibility needed in today’s market. The customer-driven design of the aircraft places safety, performance and affordability at its forefront, blending proven systems with advanced technology and a sleek, modern design. Pilot workload is further reduced by the Turbomeca Arrius 2R engine with dual channel Full Authority Digital Engine Control (FADEC). The Bell 505 features a high inertia rotor system delivering superior auto rotation capabilities. With the ideal combination of speed, range and useful load, the Jet Ranger X is designed to deliver best-in-class performance.

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About Bell Helicopter

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.

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 Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, 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; the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; changes in government regulations or policies on the export and import of commercial 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; 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.