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Bell Helicopter announced at the Paris International Air Show that AgustaWestland has agreed to purchase Bell’s ownership interest in the BA609 tiltrotor programme, a Bell-AgustaWestland joint venture.
“Both companies agree it is the best business decision for AgustaWestland to take ownership of the programme with Bell Helicopter serving as the key engineering and component supplier,” said John L. Garrison, President and CEO of Bell Helicopter. “This decision will free up research and development resources allowing Bell Helicopter to increase our investment in the revolutionary V-22, to develop the next-generation tiltrotor technologies for the US Department of Defense programmes and other applications, as well as increase our investment in our innovative commercial product line,” he said.