Magellan project update

Bell Helicopter is
continuously investing in the development of both new products and the
modernisation of current products. Our Magellan project is an
example of this. Although we are not yet ready to reveal details of the
project, our development efforts have progressed far enough to begin planning
for production. 

Following a company-wide
assessment to determine the best use of our production facilities to meet all
of our future requirements, we have decided to conduct final assembly,
production test flight and delivery of the Magellan aircraft at our Amarillo, Texas
facility.