(TXT) Textron Unit Bell Helicopter Acquires Aviation Service

Bell Helicopter, a Textron Inc. (TXT) company acquired Prague, Czech Republic-based Aviation Service. The acquired company provides modifications and upgrades, avionics and special mission packages.

Textron’s acquisition of the European aviation service provider will enhance its presence in Europe. The company will utilize the infrastructure and network of Aviation Service to meet more efficiently the needs of its European customers and to more rapidly provide service support in the region.

Bell Helicopter, a wholly owned subsidiary of Textron, is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell ’s global workforce serves customers in more than 120 countries.

Textron has a global network of aircraft, defense, industrial and finance businesses that provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee and Textron Systems.

Textron’s future success in the competitive defense industry depends upon its ability to develop and market its defense-related products and services to the U.S. Government, as well as its ability to provide people, technologies, facilities, equipment and financial capacity needed to deliver those products and services at maximum efficiency. The company competes with Tyco International Ltd. (TYC), Danaher Corporation (DHR) and ITT Corporation (ITT).

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