Bell 505 Maintains Strong Sales Momentum Across Southeast Asia with New Purchase Agreements from Customers in Three Countries

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Singapore (February 20, 2024) – Bell Textron Inc., a Textron Inc. (NYSE:TXT) company, continues to see robust sales of its Bell 505 helicopter across the Asia Pacific region. The latest contracts signed with customers in Malaysia, Indonesia and the Philippines demonstrate the ongoing demand.

Leading the new orders at the Singapore Airshow 2024 was Hammock Helicopter, a Malaysian helicopter services provider that specializes in maintenance, repair and overhaul work. The company signed a purchase agreement for two Bell 505 aircraft in a corporate configuration, with delivery planned for 2024.

“Bell has achieved significant success with the Bell 505 across Asia Pacific. Our customers’ success is closely tied to our own, as we strive to meet their unique operational needs through collaborative efforts,” said Sameer Rehman, managing director, Asia Pacific, Bell. “Together, we unlock the full capabilities of this innovative aircraft. As the most advanced rotorcraft in its class, the Bell 505 consistently delivers significant value and exceptional performance for customers in various mission segments.”

In addition to the purchase agreements signed for two aircraft for Malaysia, a helicopter operator in Indonesia and four corporate clients from the Philippines each signed contracts for one Bell 505 over the past year. These agreements mean the active Bell 505 fleet serving Southeast Asia will grow by seven aircraft, joining over 100 Bell 505s already flying in Asia Pacific.

Since its 2017 introduction, Bell has delivered over 505 Bell 505 aircraft worldwide, accumulating more than 100,000 global flight hours on the fleet. The Bell 505 has also participated as a demonstrator for Sustainable Aviation Fuel in Singapore and Texas – a strong signal of Bell's commitment to alternative fuel usage and incorporating sustainable practices into its global flight operations.

Every aspect of the Bell 505 was carefully considered in design, starting with the large, customizable cabin and dual channel FADEC controlled engine. The aircraft delivers superb visibility and panoramic views through its glass cockpit, aided by comfortable stadium seating where the rear rows are elevated slightly above the front. It is a highly efficient and dependable aircraft suited for diverse weather and terrain.

Press Contact

Dariel Lim

+65 8202 3091

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.

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