Bell Celebrates 505th Bell 505 Delivery

MIDDLE EAST (Nov. 22, 2023) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today the delivery of the 505th Bell 505 aircraft to North America-based operator, Austin Claborn. The aircraft will be configured for corporate transportation.

“To mark this historic program milestone, Bell wanted to ensure the 505th delivery was a memorable event for our many employees that have worked on this program, our suppliers and our Bell 505 customers,” said Lane Evans, director, of North America Sales. “The Bell 505 was designed to provide customers with unmatched cost-of-operations and performance for its value. Mr. Claborn has been a Bell 505 operator since 2021 and with the upgrade to the latest platform variant, Bell is proud the aircraft continues to live up to our customer’s expectations.”

Certified by Transport Canada in 2016, the Bell 505 is one of Bell’s fastest growing commercial programs to date. The aircraft’s fleet has surpassed more than 185,000 flight hours with aircraft operating on six continents worldwide.

“The Bell 505 has been nothing short of fantastic for us,” said Austin Claborn. “The technology in the cockpit makes the aircraft incredibly reliable and easy to fly. The team at Bell has been exemplary in their dedication to customer service and we couldn’t be more excited to be a part of the 505th delivery.”

The delivery ceremony took place at the Bell Textron Canada Ltd. facility in Mirabel, Quebec where more than 1,400 highly skilled employees are responsible for Bell’s current commercial production line, including the Bell 505, Bell 407GXi, Bell 429 and SUBARU Bell 412EPX. To date, the company has built and delivered more than 5,800 commercial helicopters.

With a speed of 125 knots (232 km/h) and useful load of 1,500 pounds (680 kg), the Bell 505 is Bell’s new five-seat aircraft designed for performance, efficiency and reliability using advanced avionics technology. It incorporates proven dynamic components, advanced aerodynamic design, a dual channel FADEC Safran Arrius 2R engine and best-in-class value.

For more information, visit the Bell 505 product page on our website.

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 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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, 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 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.

• ABOUT CAVERTON
• Caverton Helicopters is the largest indigenous aviation logistics support company in Nigeria, with over 19 years experience providing fixed wing and rotary wing services to the oil and gas industry. The company currently operates a mixed fleet of aircrafts across multiple locations in Nigeria and West Africa. Caverton’s capabilities also extends to the provision of third-party rotary and fixed wing Maintenance, Repair and Overhaul (MRO) services at its facility in Lagos. The company is also an Approved Training Organisation (ATO) and provides ground and flight training courses.