Stating that “the V-22 must lead tiltrotor technology into the marketplace,” Bell Helicopter has opted to shelve its BA609 civil tiltrotor following first flight of a prototype later this year, indefinitely delaying introduction of the world’s first production-oriented civil tiltrotor until problems with the U.S. Marines’ V-22 Osprey tiltrotor transport can be ironed out.
Bell Helicopter Textron last month announced plans to lay off 270 workers at its Fort Worth-area plants. The job cuts will affect both union-represented hourly workers and salaried employees. A spokesman for the rotorcraft builder said further cutbacks were possible as the company reevaluated its position in the slumping world helicopter market and as the effects of investigations and slowdowns in the U.S.
A recent top executive appointment at Textron signifies more than just a leadership change. It was also part of a continued reorganization of the company’s corporate structure that started about a year ago and will affect its operating units, including Cessna Aircraft and Bell Helicopter.
Beset with stagnant civil sales, a stymied multi-billion-dollar, investment-intensive defense project and a dearth of new programs in the pipeline, Bell Helicopter Textron has decided, like the beer world, to take a chance on a “lite” product, in this case a new lightweight, lower-cost turbine single helicopter.
Bell Helicopter chairman and chief executive John Murphey is in the sort of corporate hotseat many top executives yearn for: command of a major corporation at the precise moment that corporation is in, if not the fight of its life, certainly some very tough times indeed.
Bowing to demands from an even more security-conscious aviation community, Bell Helicopter is offering the first FAA-approved night-vision-goggle (NVG) training program aimed specifically at commercial helicopter operators.
When the Newseum on Pennsylvania Avenue in Washington, D.C., opened last month to tell the tale of news gathering, publication and broadcast and to champion the concept of a free press, it did not ignore the role of aviation in the news-gathering and -broadcasting process.
Despite the fatal loss of one of its prototypes, Agusta and program partner Bell Helicopter are confident of the success of the AB139 and recently celebrated the flight of the first production-configured unit. A second production model is in the final stages of assembly and work has begun on a third.
Cessna Aircraft and Bell Helicopter parent company Textron today reported revenues of $3.5 billion in the first quarter, up from $3 billion in the same period last year. According to Textron chairman, president and CEO Lewis Campbell, global demand is driving growth at the company, offsetting the effects of a softer U.S. economy.
Gary Hay, who started working on Cessna’s manufacturing floor in 1966 and worked his way up to CEO just over two years ago, retired unexpectedly from the Wichita-based airframer on June 30. Russ Meyer, president of Textron’s new aircraft sector and who was Cessna CEO and chairman from 1975 to 2000, announced he would serve as interim chairman and CEO until a permanent replacement is appointed.