BELL V-280

Bell V-280 Valor Achieves First Flight

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18 December 2017

Amarillo, Texas (December 18, 2017) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today announced that its V-280 Valor has achieved first flight. The V-280 Valor is a next-generation tiltrotor that is designed to provide unmatched agility, speed, range and payload capabilities at an affordable cost. This milestone represents exceptional progress on the V-280 development program and brings Bell Helicopter one step closer to creating the next generation of vertical lift aircraft for the U.S. military.

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“This is an exciting time for Bell Helicopter, and I could not be more proud of the progress we have made with first flight of the Bell V-280,” says Mitch Snyder, President & CEO for Bell Helicopter. “First flight demonstrates our commitment to supporting Department of Defense leadership’s modernization priorities and acquisition reform initiatives. The Valor is designed to revolutionize vertical lift for the U.S. Army and represents a transformational aircraft for all the challenging missions our armed forces are asked to undertake. 

 

“We are thrilled to share in this success of the V-280 first flight with Team Valor,” added Snyder. “The V-280 intends to completely transform what is possible for the military when it comes to battle planning and forward operations.”

 

The Bell V-280 Valor program is part of the Joint Multi Role Technology Demonstrator (JMR-TD) initiative. The JMR-TD program is the science and technology precursor to the Department of Defense's Future Vertical Lift program. The V-280 program brings together the engineering resources and industrial capabilities of Bell Helicopter, Lockheed Martin, GE, Moog, IAI, TRU Simulation & Training, Astronics, Eaton, GKN Aerospace, Lord, Meggitt and Spirit AeroSystems—collectively referred to as Team Valor.

The Bell V-280 Valor is postured to provide the U.S. Army with the highest levels of maturity and technical readiness. The aircraft is designed to provide the best value in procurement, operations and support, and force structure, while delivering desired leap-ahead performance capabilities with increased maintainability, reliability and affordability to the DoD. With twice the speed and range of conventional helicopters, the Valor is designed to offer maneuver commanders unmatched operational agility to self-deploy and perform a multitude of vertical lift missions currently unachievable in one aircraft. The Bell V-280 is a combat force multiplier with superior performance, payload, survivability, and reliability to give the warfighter the decisive advantage.

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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 Off Road, Artic 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, the risk that the U.S. Army will not choose the Bell V-280 for its Future Vertical Lift Program; the efficacy of research and development investments to develop new products or unanticipated expenses or delays in connection with the launching of significant new products or programs; changing priorities or reductions in the U.S. Government defense budget, including those related to military operations in foreign countries; changes in worldwide economic or political conditions that impact demand for our products, interest rates or foreign exchange rates; our ability to perform as anticipated and to control costs under contracts with the U.S. Government; the U.S. Government’s ability to unilaterally modify or terminate its contracts with us for the U.S. Government’s convenience or for our failure to perform, to change applicable procurement and accounting policies, or, under certain circumstances, to withhold payment or suspend or debar us as a contractor eligible to receive future contract awards; 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 and commercial products; and performance issues with key suppliers, subcontractors or business partners.

This research was partially funded by the Government under Agreement No. W911W6-13-2-0001.  The U.S. Government is authorized to reproduce and distribute reprints for Government purposes notwithstanding any copyright notation thereon.  The views and conclusions contained in this document are those of the authors and should not be interpreted as representing the official policies, either expressed or implied, of the Aviation Development Directorate or the U.S. Government.

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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 Off Road, 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 xrevenues 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 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; 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; and continued softness or volatility in the markets in which we do business.