E-Z-GO 2011 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2011 E-Z-GO annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 109

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109

Cessna’s private jet business called CitationAir provides a spectrum of private aviation lift solutions, including Jet Card, Jet
Access, Jet Shares, Jet Management and Corporate Solutions. The CitationAir fleet operates throughout the contiguous U.S. and
in Canada, Mexico, the Caribbean, the Bahamas and Bermuda.
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%, 31% and 27% of our total revenues in 2011, 2010 and
2009, respectively. Revenues by Bell’s principal lines of business were as follows:
(In millions)
2011
2010
2009
Military:
V-22 Program
$ 1,380
$ 1,155
$ 925
Other Military
919
845
722
Commercial
1,226
1,241
1,195
$ 3,525
$ 3,241
$ 2,842
Bell supplies advanced military helicopters and support to the U.S. Government and to military customers outside the United
States. 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. Bell also continues to support the OH-58D
Kiowa Warrior helicopter.
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, 412, 429 and Huey II, as well as the newly-introduced 407AH and 407GX. Bell also just
announced the 525 Relentless, its first super medium twin jet-engine commercial helicopter.
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, service and parts facilities co-located with
Cessna, more than 110 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 and services. Textron Systems is a supplier to the defense, aerospace, homeland
security and general aviation markets, and represents approximately 17%, 19% and 18% of Textron’s revenues in 2011, 2010 and
2009, respectively. While this segment sells most of its products to U.S. Government customers, it also 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)
2011
2010
2009
Unmanned Aircraft Systems
$ 701
$ 785
$ 634
Land and Marine Systems
519
503
528
Weapons and Sensors
298
284
314
Mission Support and Other
354
407
423
$ 1,872
$ 1,979
$ 1,899
3
Textron Inc. Annual Report • 2011 3