Bell Helicopters has $ 823 million in revenue in the first quarter of 2020, an 11% year-over-year increase, driven primarily by higher military volume, offset to some extent by lower business volume.

The company delivered 15 commercial helicopters in the quarter, up from 30 last year.

Bell’s backlog at the end of the first quarter was $ 6.4 billion.

Bell Helicopters and its new development

This company is one of the world’s leading providers of military and commercial helicopters, tilt rotor aircraft, parts, and related services.

Bell’s revenue represents 24% of the total revenue of its parent, Textron Inc. in 2019.

Bell is processing the V-280 Valor, a next-generation vertical acceleration aircraft as part of the Multi-Role Joint Technology Demonstrator (JMR-TD) initiative.

The JMR-TD program is the forerunner of the science and technology of the Department of Defense’s Future Vertical Lift program.

Affected aircraft through this competitive initiative to replace miles of obsolete attack and utility helicopters for the United States Armed Forces over the next decade.

The V-280 will make its first flight in December 2017 and its first cruise-mode flight in May 2018, and will continue with ongoing flight tests.

Another release

In October 2019, Bell Helicopters announced a new helicopter, the Bell 360 Invictus, which is recognized as a participant in the United States Army’s Future Attack Reconnaissance Aircraft Competitive Prototyping Program (FARA).

Textron: financial resuls

This program was initiated by the Army to develop a successor to the retired Bell OH-58D Kiowa Warrior helicopter.

Bell supplies advanced military helicopters and support to the United States government and overseas military customers.

The main programs of the Bell government in the United States are V-22s and H-1 helicopters.

Bell Helicopters is a leading provider of helicopters to the US government and, in association with The Boeing Company (Boeing), the sole provider of gyro-powered military aircraft.