Bell Textron Canada will donate $500,000 to the First Nations Technical Institute; Funds will be used to rebuild aviation program after devastating fire

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Tyendinaga Mohawk Territory – Bell Textron Canada Ltd.a textron inc. (NYSE:TXT) company, announced on September 23 a $500,000 (CAD) contribution to the FNTI (First Nations Technical Institute).

The funds will be used to support skills development and training resources for FNTI’s Indigenous in-flight students. It will also support uninterrupted flight training to ensure student success in FNTI’s three-year Advanced Diploma program following a fire that destroyed the school’s aviation hangar, including its entire fleet of training aircraft, Tyendinaga Mohawk Territory Aerodrome in February.

“Creating meaningful opportunities for Indigenous students is key to achieving better outcomes,” said the Honorable François-Philippe Champagne, Minister of Innovation, Science and Industry. “As part of Canada’s Industrial and Technological Benefits Policy, this contribution from Bell Textron Canada will provide Indigenous students with financial support to access the training they need to pursue exciting career opportunities in the aerospace and will benefit the aerospace sector as a whole by helping to develop even more world-class Canadian talent.

“We were saddened to learn of such tragic events and moved quickly to support skill development and training resources for commercial pilots to fly in remote Indigenous communities,” said Steve Lavoiepresident of Bell Textron Canada Ltd. “Our financial support will help students continue their off-campus education during this reconstruction phase and pay for their expenses associated with advanced training, aircraft rentals, transportation, off-campus accommodations and support services. to students. Through this contribution, we hope to establish a strong relationship with the FNTI and its First Nations Aviation Technology program.

‘The loss of our shed, Approved Maintenance Organization dispatch and planes in a fire in February was devastating for FNTI and our aviation students, who come from urban and remote communities across Canada,’ said Suzanne Brent, president of the FNTI. “We are fortunate to have a resilient staff who have pivoted to provide students with training options, ensuring minimal program disruption. Bell’s generous support will enable FNTI students to benefit from ongoing onsite and offsite education, as well as student support services. The aerospace sector has intensified and offered much-needed contributions to maintaining uninterrupted pilot training. FNTI looks forward to continuing to build relationships with Bell.’

FNTI Aviation program is the only training program of its kind in Canada, with 53% Aboriginal women. With this financial support, Bell is investing in the economic and social livelihoods of Indigenous communities from Canada critical shortage of pilots and increased Aboriginal representation in the aerospace sector.

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Patricia Bergeron

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About Bell

Thinking beyond is what we do. For over 85 years, we’ve been reimagining the experience of flight – and where it can take us.

We are pioneers. We were the first to break the sound barrier and certify a commercial helicopter. We were part of from NASA first lunar mission and brought advanced tiltrotor systems to market. Today, we are defining the future of advanced air mobility.

Based at Fort Worth, TX – as a 100% subsidiary of textron inc., – we have strategic locations all over the world. And with nearly a quarter of our personnel having served, helping our military accomplish their missions is one of our passions.

Above all, our disruptive innovations deliver exceptional experiences for our customers. Effectively. Reliably. And always, with safety first.

About Textron

textron inc. is a multi-industry company that leverages its global network of aerospace, defence, industrial and financial companies to provide its customers with innovative solutions and services. Textron is known worldwide for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, EZ-GO, Arctic Cat and Textron Systems. For more information, visit: www.textron.com.

Certain statements contained in this press release are forward-looking statements that may project earnings or describe strategies, objectives, prospects or other non-historical matters; these statements speak only as of the date they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements, including, but not limited thereto, changes in aircraft delivery schedules or cancellations. or postponements of orders; our ability to keep pace with our competitors in introducing new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in global political conditions that adversely impact demand for our products; interest rate or currency exchange rate volatility; and risks associated with our international operations, including establishing and maintaining facilities around the world and reliance on joint venture partners, contractors, suppliers, representatives, consultants and other business partners in the context of international activities, including in emerging countries.

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