BELL

Bell V-280 Valor

Bell CMV-22B

Bell 360 Invictus

Bell 505 Jet Ranger X

Bell 525 Relentless

Bell Autonomous Pod Transport

1%

Bell’s
share of Textron
2020 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 worldclass customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 130 countries.

 
2020 Revenues
by region

 
2020 revenues
by customer

2020 U.S. government
revenues by
military branch

Key data

(Dollars in millions) 2020 2019 2018 2017 2016
Bell
Units delivered:
Commercial 140 201 192 132 114
Backlog 5,342 6,902 5,837 4,598 5,360
Revenues 3,309 3,254 3,180 3,317 3,239
Segment profit 462 435 425 415 386
Segment profit margin 14.0% 13.4% 13.4% 12.5% 11.9%
Total assets 2,984 2,783 2,652 2,660 2,655
Capital expenditures 117 81 65 73 86
Depreciation and amortization 91 107 108 117 132

REVENUE DETAILS

(In millions) 2020 2019 2018 2017 2016
Military aircraft and
   support programs
2,213 1,988 2,030 2,076 2,087
Commercial helicopters,
   parts and services
1,096 1,266 1,150 1,241 1,152
Total revenues 3,309 3,254 3,180 3,317 3,239

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 Light twin-engine helicopter, best-in-class cabin volume 2009 8 2,535 150 411
Medium
Bell 412 EPI/EPX Twin-engine with highest dispatch reliability and the lowest hourly cost 2013 15 5,100 122 357
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 Huey II Upgrade of U.S. Army and worldwide UH-1H model Huey 1995 15 5,060 106 246
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

COMMERCIAL BUSINESS

  • Bell reveals revolutionary technology: electrically distributed anti-torque
  • Bell earns number one in Vertical’s 2020 helicopter and engine manufacturers survey
  • Bell APT 70 successfully completes NASA’s systems integration and operationalization activity
  • Bell 505 Jet Ranger X records 50,000 global fleet flight hours

MILITARY BUSINESS

  • Bell Boeing surpass 400 V-22 deliveries including first CMV-22B to U.S. Navy and first international delivery to Japan Ground Self Defense Force
  • Bell successfully delivered the 150th AH-1Z and 100th Zulu Build New (ZBN) to the USMC
  • The Department of Defense awarded Bell Boeing a contract that includes recurring procurement of kits and installs for Nacelle improvements onto the CV-22 aircraft for the Air Force
  • Bell awarded DoD contract for production and delivery of eight UH-1Y and four AH-1Z helicopters to Czech Republic

FVL

  • Bell’s program execution builds confidence in V-280 Valor for U.S. Army FLRAA competition
  • Bell unveils new manufacturing technology center
  • Bell V-280 Valor team selected to continue in long-range assault aircraft competition
  • Bell 360 Invictus chosen to continue in U.S. Army’s new scout rotorcraft competition

2020 Commercial Product Price Points

(Dollars in millions) Bell Competition

Single Engine
Twin Engines

2020 Source: Conklin & de Decker, Helivalues, & Bell Data