E-Z-GO 2013 Annual Report Download - page 16

3 Textron Inc. Annual Report • 2013
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 37%, 35% and 31% of our total revenues in 2013, 2012 and
2011, respectively. Revenues by Bell’s principal lines of business were as follows:
(In millions) 2013 2012 2011
Military:
V-22 Program $ 1,755 $ 1,611 $ 1,380
Other Military 959 940 919
Commercial 1,797 1,723 1,226
$ 4,511 $ 4,274 $ 3,525
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). During 2013, the Bell Boeing V-22 program was awarded a five-year contract for the production and delivery of
an additional 99 V-22 tiltrotor aircraft from 2014 through 2019. 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 armed scout helicopter for the U.S. Army.
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 offered by Bell for commercial
applications include the 206L-4, 407, 407GX, 412EP/EPI, 429 and Huey II. Bell’s 525 Relentless, its first super medium
commercial helicopter, is currently in development with a projected first flight in 2014. In addition, during 2013 Bell announced
the development of the Bell SLS, a high performance, short-light single helicopter, which will reenter Bell into the market it
created with the introduction of the original JetRanger.
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 8 Bell-operated service centers, two of which are co-located with Cessna,
106 independent service centers located in 34 countries and four 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 throughout the world for its helicopter business and its parts and support business.
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, marine and land 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 14%, 14% and 17% of Textron’s revenues in 2013, 2012 and
2011, 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) 2013 2012 2011
Unmanned Aircraft Systems $ 666 $ 694 $ 701
Marine and Land Systems 392 443 519
Weapons and Sensors 311 285 298
Mission Support and Other 296 315 354
$ 1,665 $ 1,737 $ 1,872