BELL

Bell-Boeing MV-22 Osprey

Bell V-280 Valor

Bell 360 Invictus

1%

Bell’s
share of Textron
2019 revenues

Bell Helicopter is an industry-leading manufacturer of military vertical lift aircraft, the pioneer of the revolutionary tiltrotor aircraft with the V-22 and the next generation V-280, and commercial rotorcraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 140 countries.

 
2019 Revenues
by region

 
2019 revenues
by customer

2019 U.S. government
revenues by
military branch

Key data

(Dollars in millions) 2019 2018 2017 2016 2015
Bell
Units delivered:
Commercial 201 192 132 114 175
Backlog 6,902 5,837 4,598 5,360 5,224
Revenues 3,254 3,180 3,317 3,239 3,454
Segment profit 435 425 415 386 400
Segment profit margin 13.4% 13.4% 12.5% 11.9% 11.6%
Total assets 2,783 2,652 2,660 2,655 2,829
Capital expenditures 81 65 73 86 97
Depreciation and amortization 107 108 117 132 143

REVENUE DETAILS

(In millions) 2019 2018 2017 2016 2015
Military aircraft and
   support programs		 1,988 2,030 2,076 2,087 2,033
Commercial helicopters,
   parts and services		 1,266 1,150 1,241 1,152 1,421
Total revenues 3,254 3,180 3,317 3,239 3,454
# Bell V-280 Valor—First Year of Flight
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The Bell 407 to Save Lives
# Nakanihon Air Services
Bell 429 for EMS Missions
# The Bell AH-1Z Viper: Most Advanced Attack Helicopter in the World
# Bell Celebrates Memorial Day 2018
# Bell V-280 Valor Arrives at Flight Research Center

Bell 429 Global Ranger

Bell 505 Jet Ranger X

Bell 525 Relentless

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 EPI/EPX 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 Rotorcraft
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
Bell 360 Invictus Future Attack Reconnaissance Aircraft designed to meet or exceed the U.S. Army’s FARA requirements TBD 2 1,400 180 135
Military Tiltrotor
Bell-Boeing V-22 Military tiltrotor aircraft, being produced in partnership with Boeing 1999 27 25,500 266 1,100
Bell V-280 Future Long-Range Assault Aircraft designed to meet or exceed the U.S. Army's FLRAA requirements TBD 16-18 12,000+ 280 800

COMMERCIAL BUSINESS

  • Bell launches New Bell 407GXi incorporating new avionics, an upgraded engine, and new executive interior design options. Earns IFR Certification
  • Bell 505 Jet Ranger X Fleet Surpasses 20,000 Flight Hours since its first delivery in 2017
  • Bell Autonomous Pod Transport 70 Wins Popular Science “Best of What’s New in Aerospace” Award

MILITARY BUSINESS

  • Bell V-280 Valor down selected in Q1 2020 as one of two competitors for the competitive demonstration and risk reduction phase in the U.S. Army’s Future Long-Range Assault Aircraft program
  • Bell 360 Invictus team selected in Q1 2020 as one of two competitors for the design, build and testing of a prototype for the U.S. Army’s Future Attack Reconnaissance Aircraft program
  • Bell-Boeing V-22 Osprey Fleet of more than 375 aircraft surpasses 500,000 Flight Hours

2019 Commercial Product Price Points

(Dollars in millions) Competition Bell

Single Engine
Twin Engines

2019 Source: Conklin & de Decker & Bell Data