04/17/2026 | Press release | Distributed by Public on 04/17/2026 12:48
Washington, D.C. (April 17, 2026) - Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced its formation of a subsidiary in Ukraine and plans to open a dedicated office as part of its long-term approach to industrial cooperation in the country.
The new subsidiary, named Bell Textron Ukraine, will serve as the hub for Bell's activities in Ukraine, with a permanent office location yet to be confirmed. It will support Bell's planned and future activities in Ukraine focused on helicopter assembly, maintenance, and repair.
The announcement follows the signing of Letters of Intent in October between Bell Textron and Ukraine's Ministry of Economy, Ecology and Agriculture to explore areas of cooperation.
"This is a meaningful step toward building a practical, mutually beneficial cooperation with the Ukraine defense and industrial base," said Jeffrey Schloesser, senior vice president of Strategic Pursuits, Bell. "Bell is committed to establishing a presence in Ukraine to promote collaboration and long-term growth."
Bell Textron is a global provider of commercial and military aircraft. Its H-1 platforms, including the Bell AH-1Z Viper and Bell UH-1Y Venom, are designed to operate seamlessly together, offering high parts commonality and operational flexibility. The company sees strong potential for these aircraft to support Ukraine's defense capabilities while forming the foundation of a lasting industrial partnership.
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About Bell
Thinking above and beyond is what we do. For more than 90 years, we've been reimagining the experience of flight - and where it can take us.
We're an aerospace and defense company that engineers and manufactures aircraft for critical solutions in extreme scenarios. We're breaking barriers in lifting people to safety across transportation, medical, rescue and military services, and leading the industry in future solutions that are fast, reliable and efficient.
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, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: https://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 cancelations or deferrals of orders.