Dubai Air Show, United Arab Emirates, November 15, 2023Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced a signed purchase agreement with Caverton Helicopters Limited for a Bell 429, which will be utilized for offshore operations in Cameroon. This is the first Bell 429 to operate in the oil and gas market in West Africa.

Caverton Helicopters is a subsidiary of the Caverton Offshore Support Group Plc (COSG), which is a fully integrated offshore support company providing aviation and marine logistics services to businesses operating in the oil and gas industry in Nigeria and across West Africa.

There are currently more than 450 Bell 429s operating around the world, with over 602,000 global flight hours. The Bell 429 keeps crews safe in treacherous environments and protected from wear, combining a large multi-mission cabin with impressive speed and modern technology to provide capabilities that are critical to operators around the globe.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

 

 

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