Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, has signed Letters of Intent (LOI) to identify and evaluate areas for cooperation with Ukraine.
At a ceremony in Washington, delegates from Bell Textron, the Ministry of Economy, Ecology, and Agriculture of Ukraine, and UkraineInvest signed agreements to assess approaches of Industrial Cooperation as part of a potential procurement of the AH-1Z and UH-1Y aircraft. Under a Foreign Military Sale (FMS) program, Bell would work with the U.S. Government to supply aircraft to the Ukrainian Armed Forces, bolstering their operational capabilities.
“We are proud to announce this agreement, and the potential to supply these incredible aircraft to Ukraine,” said Jeffrey Schloesser, senior vice president, Strategic Pursuits, Bell. “This initiative has been in development for some time, and we look forward to bringing it to completion.”
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Download free sample pages More informationBell Textron is a world-leading provider of commercial and military aircraft, serving both public and private sector customers globally. Within the defense sector, the Bell AH-1Z Viper and UH-1Y Venom aircraft stand as two of the company’s premier platforms. Designed to operate seamlessly together, the two aircraft share 85% parts commonality, making the models one of the most versatile and effective helicopter pairings available for modern military operations.
“We are confident that H-1s can play a pivotal role in further building defense capabilities in Ukraine, providing a much-needed upgrade while strengthening current Ukrainian air support,” continued Schloesser.
