E-Z-GO 2010 Annual Report Download - page 15

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3
Bell Segment
Bell Helicopter is one of the leading suppliers of military and commercial helicopters, tiltrotor aircraft, and related spare parts and
services in the world. Revenues for Bell accounted for approximately 31%, 27% and 20% of our total revenues in 2010, 2009 and
2008, respectively. Revenues by Bell’s principal lines of business were as follows:
(In millions)
2010 2009 2008
Military:
V-22 Program
$ 1,155
$ 925
$ 845
Other Military
845
722
744
Commercial
1,241
1,195
1,238
$ 3,241
$ 2,842
$ 2,827
Bell supplies advanced military helicopters and support to the U.S. Government and to military customers outside the U.S. Bell’s
primary U.S. Government programs are the V-22 tiltrotor aircraft and the H-1 helicopters. Bell is one of the leading suppliers of
helicopters to the U.S. Government and, in association with The Boeing Company (Boeing), the only supplier of military tiltrotor
aircraft. Tiltrotor aircraft are designed to provide the benefits of both helicopters and fixed-wing aircraft. Through its strategic
alliance with Boeing, Bell produces and supports the V-22 tiltrotor aircraft for the U.S. Department of Defense (DoD). The U.S.
Marine Corps H-1 helicopter program includes a utility model and an advanced attack model, the UH-1Y and the AH-1Z,
respectively, which have 84% parts commonality between them.
Through its commercial business, Bell is a leading supplier of commercially certified helicopters and support to corporate, offshore
petroleum exploration and development, utility, charter, police, fire, rescue, emergency medical helicopter operators and foreign
governments. Bell produces a variety of commercial aircraft types, including light single- and twin-engine helicopters and medium
twin-engine helicopters, along with other related products. The helicopters currently produced by Bell for commercial applications
include the 206L-4, 407, 412EP, 429 and Huey II.
For both its military programs and its commercial products, Bell provides post-sale support and service for its installed base of
approximately 13,000 helicopters through a network of Bell-owned service sites, more than 120 independent service centers and six
supply centers that are located worldwide. Collectively, these service sites offer a complete range of logistics support, including
parts, support equipment, technical data, training devices, pilot and maintenance training, component repair and overhaul, engine
repair and overhaul, aircraft modifications, aircraft customizing, accessory manufacturing, contractor maintenance, field service and
product support engineering.
Bell competes against a number of competitors based in the U.S. and other countries for its helicopter business, and its parts and
support business competes against numerous competitors around the world. Competition is based primarily on price, product
quality and reliability, product support, performance and reputation.
Textron Systems Segment
Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of
defense and aviation mission support products. Textron Systems is a supplier to the defense, aerospace and general aviation markets,
providing approximately 19%, 18% and 13% of Textron’s revenues in 2010, 2009 and 2008, respectively. While this segment sells
most of its products to U.S. Government customers, it also increasingly sells products to customers outside the U.S. through foreign
military sales sponsored by the U.S. Government and directly through commercial sales channels. Textron Systems competes on the
basis of technology, contract performance, price, product quality and reliability, product support and reputation.
Revenues by Textron Systems’ product lines were as follows:
(In millions)
2010
2009
2008
Unmanned Aircraft Systems
$ 785
$ 634
$ 579
Land and Marine Systems
503
528
546
Weapons and Sensors
284
314
296
Mission Support and Other
407
423
459
$ 1,979
$ 1,899
$ 1,880
Unmanned Aircraft Systems
Unmanned Aircraft Systems (UAS) consists of the AAI-UAS and AAI-Logistics & Technical Services businesses, which are
operating units of Textron Systems. AAI-UAS is the prime system integrator for the U.S. Army’s premier tactical UAS, the
Shadow, which includes the One System Ground Control Station — the U.S. Army’s standard for interoperability of manned and
unmanned airborne assets. AAI-Logistics & Technical Services provides logistical support related to the operation of various
unmanned aircraft systems including field operational and maintenance service support, as well as engineering and supply chain
services to government and commercial customers worldwide.