BELL
Bell V-280 Valor

Bell V-280 Valor

Bell-Boeing CMV-22 Osprey

Bell-Boeing CMV-22 Osprey

Bell 360 Invictus

Bell 360 Invictus

Bell 407 GXi

Bell 407 GXi

Bell 429

Bell 429

Bell 505

Bell 505

1%

Bell’s
share of Textron
2021 revenues

Bell is a leading supplier of helicopters and related spare parts and services. Bell is 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.


2021 Revenues
by region


2021 revenues
by CUSTOMER

2021 U.S. GOVERNMENT
REVENUES BY
MILITARY BRANCH

Key data

(Dollars in millions) 2021 2020 2019 2018 2017
Bell
Units delivered:
Commercial 156 140 201 192 132
Backlog 3,871 5,342 6,902 5,837 4,598
Revenues 3,364 3,309 3,254 3,180 3,317
Segment profit 408 462 435 425 415
Segment profit margin 12.1% 14.0% 13.4% 13.4% 12.5%
Total assets 3,382 2,984 2,783 2,652 2,660
Capital expenditures 92 117 81 65 73
Depreciation and amortization 87 91 107 108 117

REVENUE DETAILS

(In millions) 2021 2020 2019 2018 2017
Military aircraft and
   support programs
2,073 2,213 1,988 2,030 2,076
Commercial helicopters,
   parts and services
1,291 1,096 1,266 1,150 1,241
Total revenues 3,364 3,309 3,254 3,180 3,317

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 412 EPX Next evolution of Bell 412 family with upgrades to transmission, engine control and avionics system 2020 15 5,385 123 361
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 Future Attack Reconnaissance Aircraft designed to meet or exceed the U.S. Army’s FARA requirements TBD 2 1,400 180 135
Bell 360 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 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

FUTURE VERTICAL LIFT

  • Bell submits final proposal to U.S. Army for FLRAA program downselect
  • Bell 360 Invictus prototype makes significant build progress for U.S. Army’s FARA program
  • Bell announces a new Systems Integration Lab for Future Vertical Lift programs

MILITARY BUSINESS

  • Bell Boeing program office was awarded a $1.6 billion V-22 aftermarket contract
  • Bell Boeing V-22 program surpassed the 600,000 flight hour milestone and completed first Nacelle Improvement on an Air Force CV-22 Osprey
  • Bell delivered four Bell Huey II aircraft to the Armed Forces of Bosnia and Herzegovina
  • Bell completed the first AH-1Z Viper for Bahrain and began manufacturing the first Czech Republic UH-1Y

COMMERCIAL BUSINESS

  • Bell delivered the 300th 505 Jet Ranger X and the 400th 429 to customers worldwide

2021 COMMERCIAL PRODUCT PRICE POINTS

(Dollars in millions) Bell Competition

Single Engine
Twin Engines

2021 Source: Helivalues, & Bell Data