Bell Helicopter and Strong Aviation sign LOI for Bell 525

Bell Helicopter and Strong Aviation sign LOI for Bell 525

First Bell 525 LOI in Kuwait

Dubai, United Arab Emirates (November, 10 2015) – Bell Helicopter, a Textron Inc. (NYSE:TXT) company, announced today the signature of a letter of intent (LOI) with Strong Aviation for a Bell 525 Relentless super medium helicopter. Established in 1995, Strong Aviation is a private operator headquartered in Kuwait City. The aircraft will be used for corporate transport missions in the area.

“We are excited to be the first Bell 525 clients in Kuwait,” said Capt. Salem Safar, Aviation Manager, Strong Aviation. “The anticipated performance of the aircraft is a key decision point for us. We are eager to add the advanced Bell 525 to our fleet, and are confident it will provide unparalleled value and performance for our clients.”

“The Bell 525 is an outstanding aircraft,” said Steve Suttles, Bell Helicopter, Vice President Middle East and Africa. “Sales are ramping up in the Middle East since the successful first flight. The market is responding well to the game changing capabilities of the aircraft. It is designed to perform a diverse mission set more cost effectively than any aircraft available on the market today, and this is a key selling point for our customers.”

The Bell 525 is the world’s first fly-by-wire commercial helicopter, designed to operate safely and reliably in austere environments and with decreased pilot workload. The aircraft integrates critical systems data to be easily accessible at a glance with the Garmin G5000H® suite, the first fully-integrated touch screen flight deck designed for helicopters. Best-in-class payload, cabin, cargo volumes, comfort and egress complement the technological advancements on the aircraft. The first flight of the Bell 525 was achieved on 1 July 2015 and certification of the aircraft is anticipated in 2017.

Bell Helicopter has the largest support network in the industry with more than 100 authorized customer service facilities in 34 countries, and the company’s customer service has been ranked #1 by customers for 21 consecutive years. Bell Helicopter is committed to having resources where customers operate to speed up delivery of service and support, and give customers access to resources which are easy to reach, know the customer’s operating environment and understand their needs

David Sale, Regional Sales Manager, Bell Helicopter; Captain Salem Safar, Aviatioin Manager, Strong Aviation; Patrick Moulay, VP Global Commercial Sales, Bell Helicopter

Caption, from left to right: David Sale, Regional Sales Manager, Bell Helicopter; Captain Salem Safar, Aviatioin Manager, Strong Aviation; Patrick Moulay, VP Global Commercial Sales, Bell Helicopter

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Bell Helicopter:

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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, 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 cancellations or deferrals of orders; 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; 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 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 relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

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.