Textron chief executive Scott Donnelly confirmed that Bell Helicopter will launch a new commercial helicopter to be built at the company's Amarillo, TX.
"We're looking at capacity as we see levels flat or decreasing for things like the V-22 in 2015," said Donnelly during a fourth quarter 2011 earnings call with investors this morning. "Most of Bell's commercial helicopter production has been in Canada and military production in Amarillo. The product to be announced at Heli-Expo will be produced in Amarillo."
Heli-Expo is scheduled from 12-14 February in Dallas.
A leaked letter from Bell chief executive John Garrison to Bell employees earlier this month discussed how the new Magellan medium-heavy helicopter for the offshore oil industry would be designed and developed in Fort Worth and produced in Amarillo. A recent YouTube video issued by Bell shows a new product with the first initial "R" to be introduced at the show as well.
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