E-Z-GO 1998 Annual Report Download - page 12

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aircraft
Bell Helicopter
New Technologies
Bell Helicopter is the lead-
ing helicopter manufacturer in the world because of its unparalleled product
reliability and responsive customer service. But to stay number one in this
competitive industry, Bell must stay at the forefront of new technology. Bell
is employing new tiltrotor technology in its commercial Bell Agusta BA 609
and military Bell Boeing V-22 tiltrotor aircraft. These aircraft will meet the
needs of air travelers around the world by combining the speed and range
of a fixed-wing aircraft with the flexibility of a helicopter.
To our customers in search and rescue, oil exploration and government
support roles, the BA 609 offers cost-effective, point-to-point transportation
and excellent passenger comfort. These benefits are also attracting foreign
government orders, particularly in remote areas of the world where ground
transportation is difficult. We have nearly 70 commitments from over 40 cus-
tomers around the globe for this aircraft, scheduled for first delivery in 2002.
The BA 609 program is a joint partnership with Agusta, Italy’s leading
helicopter manufacturer. Agusta complements Bell’s strengths with its
European marketing, engineering and manufacturing capabilities.
In 1999, we will begin shipments of the military V-22 to the United States
Marines. We expect to deliver 53 aircraft to the military over the next five
years and more than 458 aircraft over the next 15 years, for a total contract
value to Bell and Boeing of $15 billion.
Bell continues to build its leadership position in the commercial helicopter
industry, most recently with the introduction of the Bell 427, a light-twin
helicopter that incorporates many of the same features found on the highly
successful 407 — reliability, performance and value. Customers have placed
over 70 orders for the 427, scheduled for first delivery in 1999.
aircraft
Bell Helicopter
8
65%
11%
3%
6%
8%
Bell Helicopter Geographic
Revenue by Destination
TOTAL AIRCRAFT
(dollars in millions)
REVENUES
OPERATING INCOME
OPERATING MARGIN
1998
$3,189
$ 338
10.6%
1997
$3,025
$ 313
10.3%
% CHANGE
5%
8%
Bell 206B
Bell 206L-4
Bell 407
Bell 427
Bell 430
Bell 412
BA 609
Bell Helicopter
Commercial
Helicopter
Product Line
4%
2%
1%