Heli-Expo 2011: Bell Says It Can Afford New Civil Programs
Despite relatively flat year-over-year commercial sales, Bell Helicopter CEO John Garrison said the company could easily fund a new, clean-sheet-of-paper c
Despite relatively flat year-over-year commercial sales, Bell Helicopter CEO John Garrison said the company could easily fund a new, clean-sheet-of-paper commercial helicopter program.
“Capital-wise we have the ability to invest in new platform development. That is not a constraint. We just have to pick and choose,” Garrison said, declining to identify the market sectors Bell was considering. “The business has the ability to fund it.” However, Garrison said that Bell would continue to work with “strong partners,” such as Boeing (its partner on the military V-22 Osprey tiltrotor) on future defense programs. “You are going to see more and more of that,” he said.
