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TEXTRON

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Textron : VISIT BELL AT APSCON 2019 FEATURING SACRAMENTO POLICE DEPARTMENT'S BELL 505 JET RANGER X; From July 15-20, Bell will be attending the Airborne Public Safety Conference (APSCON 2019) in Omaha, Nebraska.

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07/17/2019 | 11:30am EDT

From July 15-20, Bell will be attending the Airborne Public Safety Conference (APSCON 2019) in Omaha, Nebraska. Bell is proud to sponsor this event and be a part of public safety aviation. Visit Bell at booth #139, where the Sacramento Police Department's Bell 505 Jet Ranger X will be on display.

The Sacramento Police Department, located in Sacramento, California, works tirelessly to solve problems throughout the city and protect the community. Last year, the department added the Bell 505 Jet Ranger X to help safeguard the area.

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The Bell 505 Jet Ranger X is configured specifically for law enforcement, and outfitted with skid gear, forward/aft hard points for mounting equipment, and Trakka Beam Searchlight. Strategically made with large windows for greater visibility, the aircraft helps pilots and tactical flight officers search for suspects and missing persons. The five-seat aircraft, with a cruise speed of 125 knots was designed for safety, efficiency, and reliability.

This is the Airborne Public Safety Association's (APSA) 49th annual conference, bringing suppliers in contact with flight officers, supervisors, technicians, and aviation personnel. The non-profit organization works to promote and advance the use of aircraft in public safety through training, advocacy and educational programs. To learn more about Bell's involvement with public safety aviation visit our booth.

About Bell

Thinking above and beyond is what we do. For more than 80 years, we've been reimagining the experience of flight - and where it can take us.

We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were aboard NASA's first lunar mission and brought advanced tiltrotor systems to market. Today, we're defining the future of on-demand mobility.

Headquartered in Fort Worth, Texas - as a wholly-owned subsidiary of Textron Inc., - we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.

Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

Global Media Relations | The Americas

Lindsey Hughes

lhughes@bellflight.com

O:+1 817-280-3100

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Global Media Relations | International

Virginie Brizard

vbrizard@bellflight.com

M: +1 817 357 2630

M: +971 52 933 2093

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Technology & Innovation

Felicia Carpenito

mediarelations@bellflight.com

+1 817-280-3100

Medium square bell logo

China

Herbert Wu

hwu@bellflight.com

+86 10 6567 4367

Medium square bell logo

Singapore | Asia-Pacific

Eugene Tan

ytan@bellflight.com

O: +65 6690-9741

M: +65 8798-0183

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Commercial Business | The Americas

Blakeley Thress

bthress@bellflight.com

O: +1 817-280-2968

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 13 698 M
EBIT 2019 1 224 M
Net income 2019 868 M
Debt 2019 2 424 M
Yield 2019 0,17%
P/E ratio 2019 12,1x
P/E ratio 2020 11,2x
EV / Sales2019 0,94x
EV / Sales2020 0,90x
Capitalization 10 402 M
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 60,25  $
Last Close Price 45,20  $
Spread / Highest target 72,6%
Spread / Average Target 33,3%
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NameTitle
Scott C. Donnelly Chairman, President & Chief Executive Officer
Frank T. Connor Chief Financial Officer & Executive Vice President
Diane K. Schwarz Chief Information Officer & Vice President
Kimberly A. Mackenroth Chief Information Officer & Vice President
Kathleen M. Bader Lead Independent Director
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