Bell Helicopter Receives Contract for Additional H-1 Aircraft
(Source: Bell Helicopter; issued October 10, 2008)
FORT WORTH, Texas --- Bell Helicopter, a Textron Inc. company, announced that the U.S. Navy has exercised an option under its contract with Bell to purchase Lot 5 of the H-1 Upgrade Program, an award worth $210 million.
The 15 aircraft in Lot 5 include 11 UH-1Y aircraft and four AH-1Z aircraft. All 15 aircraft will be built at Bell’s Military Aircraft Assembly Center in Amarillo, Texas.
On Sept. 30, the Navy signed a modification to an existing contract that exercised an option to purchase the additional aircraft. Bell is now on contract to produce a total of 49 upgraded H-1 aircraft for the Marines: 37 UH-1Y utility aircraft and 12 AH-1Z attack aircraft.
So far, the company has delivered 20 upgraded H-1 helicopters: 14 UH-1Ys and six AH-1Zs.
Bell Helicopter, a wholly owned subsidiary of Textron Inc., 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.
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