Bell Completes Expansion of its Huntsville Office

Fort Worth, Texas (November 12, 2024) - Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today the completion of a major expansion to its Huntsville Office in Huntsville, Alabama. The expanded facility will enable Bell to provide briefing and conference space for its customers and the company.

When Bell initially opened the Huntsville Office in 2018, the team envisioned the state-of-the-art facility would serve as a space to showcase its innovative vertical lift solutions that inspire customers and government lawmakers to pursue next-generation capabilities. Six years after opening the facility's doors, Bell has decided to further its investment and expand the office to keep pace with growing priorities.

"Bell has come a long way since we initially opened the office here in Huntsville," said Jeffrey Schloesser, executive vice president, strategic pursuits. "In the last few years, Bell has been selected to deliver the U.S. Army's Future Long Range Assault Aircraft (FLRAA) to the nation's warfighters, and we continue to expand our vertical lift solutions across our portfolio. By expanding our footprint in Huntsville, Bell can increase support for both ongoing and future efforts."

The team in Huntsville played a key role in the earlier stages of the FLRAA competition with a focus on building strong support in the region for military modernization and Future Vertical Lift objectives. As the U.S. Army and Bell continue to move forward with FLRAA, the Huntsville team will bolster support for the program and aid in efforts to educate the U.S. Army, Joint Forces and lawmakers on the capabilities offered by tiltrotor technology.

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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, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. 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.