Bell’s third-quarter revenue fell 9% year on year to $933 million, as lower MV-75 activity and reduced commercial helicopter, parts and services sales weighed on the Textron division. The US Army received congressional approval for an Above Threshold Reprogramming request tied to the MV-75 Cheyenne, with contract modifications obligating funding. Textron raised its 2026 adjusted earnings-per-share forecast to $6.55–$6.65 from $6.40–$6.60, citing the approval and contract changes.
Military revenue declined by $59 million, largely because of lower MV-75 volume. Commercial revenue was down $34 million on lower volume and an unfavourable mix. Bell delivered 29 commercial helicopters, compared with 30 in the same quarter last year. Segment profit fell 17% to $76 million, while backlog stood at $7.6 billion.
The Army’s approval addresses a fiscal 2026 funding requirement for the programme. Textron’s earnings-call remarks put the reprogramming request at $350 million and indicated that about $300 million was obligated through contract modifications during the quarter; the results release did not specify the approved amount. Commercial deliveries comprised 13 Bell 505s, 12 407s, three 429s and one 412, according to AIN.