Bell forecasts lower military revenue for 2022

By Evan Ochsner / January 27, 2022 at 12:52 PM
The coming year could be a period of lower military revenues for Bell Textron, company leaders told investors on Jan. 27. Bell leaders expect revenue to be down this year, thanks to the Defense Department's pivot away from the company’s H-1 helicopters and Bell’s higher research and development costs as it seeks to secure new revenue streams from the military, namely the Army’s Future Long-Range Assault Aircraft. “At Bell, 2022 represents the beginning of a transitional period, as we expect...

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