Rotorcraft
Bell Q1 Revenues Climb, Commercial Helo Deliveries Drop
Bell delivered 20 commercial helicopters in Q1 of this year, compared to 29 in Q1 2025
Bell
© Textron Bell

Bell delivered 20 commercial helicopters in the first quarter, down from 29 in the same period last year, as a sharp drop in commercial volume offset continued ramp-up of the MV-75 Cheyenne military tiltrotor program. Despite the decline in commercial deliveries, the rotorcraft manufacturer’s overall revenues climbed 9% to $1.1 billion, up $87 million from first-quarter 2025.

The revenue increase was driven by higher military revenues of $161 million, primarily reflecting growth on the U.S. Army’s MV-75 program, partially offset by reduced volume on V-22 production and military sustainment programs. Commercial revenues, by contrast, fell $74 million year over year.

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