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First Production H-1 Helicopters Rollout

Press Contact
Mike Cox (817) 280-2783
mcox @ bellhelicopter.textron.com

Greg Hubbard (817) 280-8245
gdhubbard @ bellhelicopter.textron.com

Amarillo, TX (Sept 27, 2006)

-- Bell Helicopter, a Textron Inc. (NYSE: TXT) company, today rolled out the AH-1Z attack helicopter and UH-1Y utility helicopter in preparation for flight test. The H-1 upgrade program calls for a total of 280 upgraded attack helicopters and utility helicopters to be delivered to the United States Marine Corps, providing much-needed modernization for the Corps' aging fleet.

Among the many dignitaries attending the ceremony was Dr. Delores Etter Assistant Secretary of the Navy for Research, Development and Acquisition, who said,

"Today's rollout marks another milestone for this program as we begin to arm our service personnel with sorely needed modern equipment that will substantially increase their combat effectiveness."

Michael Redenbaugh, CEO of Bell stated, "Bell Helicopter is pleased to be able to provide critical resources to our warfighters that will provide enhanced capabilities while reducing operational costs in the field."

The rollout of these first two production helicopters marks the beginning of several years of equipping both test and evaluation and operational squadrons with H-1 aircraft.

The H-1 program creates a completely modernized attack and utility helicopter that have considerable design commonality to reduce operating costs. The AH-1Z and UH-1Y share common tail boom, engines, rotor system, drive train, avionics architecture, software, controls and displays for over 84% identical components. This should drive down maintenance while improving reliability for a cost savings of over $3B over the 30 year program.

Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees in continuing operations. The company leverages its global network of aircraft, 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 Helicopter, Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

http://www.bellhelicopter.com
Bell Helicopter Textron Inc. Post Office Box 482, Fort Worth, TX 76101