BELL
helicopter-1

Bell 525 Relentless

helicopter-2

Bell 407GXi

helicopter-3

Bell 429

Bell’s
share of Textron
2018 revenues

2018 Revenues by region

2018 revenues by customer

2018 U.S. government revenues by military branch

Bell Helicopter is an industry-leading producer of commercial and military 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 130 countries.

Key data

(Dollars in millions) 2018 2017 2016 2015 2014
Bell
Units delivered:
Commercial 192 132 114 175 178
Backlog $5,837 $4,598 $5,360 $5,224 $5,524
Revenues $3,180 $3,317 $3,239 $3,454 $4,245
Segment profit $425 $415 $386 $400 $529
Segment profit margin 13.4% 12.5% 11.9% 11.6% 12.5%
Total assets $2,652 $2,660 $2,655 $2,829 $2,858
Capital expenditures $65 $73 $86 $97 $152
Depreciation and amortization $108 $117 $132 $143 $132

REVENUE DETAILS

(In millions) 2018 2017 2016 2015 2014
Military aircraft and support     programs $2,030 $2,076 $2,087 $2,033 $2,631
Commercial helicopters, parts and     services 1,150 1,241 1,152 1,421 1,614
Total revenues $3,180 $3,317 $3,239 $3,454 $4,245
helicopter-10

Bell-Boeing MV-22 Osprey

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Bell V-280 Valor

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Bell 412

MAJOR PRODUCTS

Description First Delivery Seating Capacity (including pilots) Useful
Load (lbs)
Cruising
Speed (kts)
Maximum
Range (nm)
Light
Bell 505 Jet Ranger X Light single-engine, five-seat helicopter with fully integrated glass cockpit 2017 5 1,500 125 306
Bell 407GXi Light single-engine helicopter with fully integrated glass cockpit 2018 7 2,300 133 337
Bell 429/429WLG Light twin-engine helicopter, best-in-class cabin volume 2009 8 2,535 150 411
Medium
Bell 412 EP/EPI Twin-engine with highest dispatch reliability and the lowest hourly cost 2013 15 5,100 122 357
Bell Huey II Upgrade of U.S. Army and worldwide UH-1H model Huey 1995 15 5,060 106 246
New Commercial Helicopter Development
Bell 525 Relentless Twin-engine with fly-by-wire flight controls TBD 20 8,200 160 560
Military
Bell UH-1Y State-of-the-art fully integrated utility and combat support helicopter 2006 12 6,675 158 350
Bell AH-1Z State-of-the-art fully integrated weapons system attack helicopter 2006 2 6,580 160 380
Tiltrotor
Bell-Boeing V-22 Military tiltrotor aircraft, being produced in partnership with Boeing 1999 27 25,500 266 1,100
Bell V-280 Next generation military tiltrotor aircraft being developed as part of the Joint Multi-Role Technology Demonstrator initiative in order to compete for the Army-led, DOD Future Vertical Lift Program of Record TBD 16-18 12,000+ 280 800

COMMERCIAL BUSINESS

  • Bell 407GXi unveiled in February at Heli Expo; acheived FAA and EASA certification
  • Bell 505 Jet Ranger X fleet reached 10,000 flight hours worldwide

MILITARY BUSINESS

  • Bell V-280 Valor marked the anniversary of its first flight and completed over 80 flight hours with in-flight transitions between cruise mode and vertical takeoff and landing; since its first flight one year ago, the V-280 has flown at over 280 knots true airspeed
  • Bell signed the third V-22 multi-year procurement contract with the DOD, in addition to two follow-on orders
  • Bell was awarded a multi-year procurement contract in support of the Marine Corps H-1 upgrade program
  • Opened the new Advanced Vertical Lift Center in Crystal City, VA allowing Bell’s military customers, partners, and policymakers to gain exposure to Bell’s technology for the future of vertical lift, including the V-280 and the unmanned V-247

2018 Commercial Product Price Points

(Dollars in millions) Competition Bell Helicopter

Single Engine
Twin Engines

2018 Source: Conklin & de Decker & Bell Data