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  • h0o0terlover h0o0terlover Apr 17, 2013 1:02 PM Flag

    Bell: The revenue from this division decreased 4.5%

    Bell: The revenue from this division decreased 4.5% to $949.0 million from the year-earlier level of $994.0 million. The decrease was primarily due to lower military unit deliveries and lower commercial aftermarket sales.

    Bell delivered 9 V-22’s, 6 H-1’s and 40 commercial aircrafts in the reported quarter compared with 10 V-22’s, 7 H-1’s and 30 commercial units in the first quarter 2012.

    Segment profit declined 11% to $129.0 million in the quarter from $145.0 million reported in the same period last year. Bell’s order backlog at the end of the quarter was $7.08 billion, which represents a decrease of $386 million from the end of 2012.

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