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Mon, Oct 13, 2008

Bell Receives Navy Contract For More H-1 Upgrade Helos

Lot 5 Purchase Option Exercised

Bell Helicopter announced Friday the US Navy has exercised an option under its contract with Bell to purchase Lot 5 of the H-1 Upgrade Program, an award worth $210 million.

The 15 aircraft in Lot 5 include 11 UH-1Y aircraft and four AH-1Z aircraft. All 15 aircraft will be built at Bell’s Military Aircraft Assembly Center in Amarillo, TX.

On September 30, the Navy signed a modification to an existing contract that exercised an option to purchase the additional aircraft. Bell is now on contract to produce a total of 49 upgraded H-1 aircraft for the Marines: 37 UH-1Y utility aircraft and 12 AH-1Z attack aircraft.

The H-1 program, which includes both the utility Yankee and the attack Zulu models, began Phase II of its Operational Evaluation on February 13. A full-rate production decision is expected later this year. The H-1 Upgrade Program currently calls for a total of 100 UH-1Y and 180 AH-1Z aircraft.

So far, the company has delivered 20 upgraded H-1 helicopters: 14 UH-1Ys, and six AH-1Zs.



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