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Mon, Jun 07, 2004

Dennis Jarvi Leaves Bell-Textron

VP, General Manager of V-22 Programs Calls It Quits

Dennis Jarvi, the Vice President & General Manager for V-22 Programs at Bell Helicopter, has resigned from his position effective July 18th. He is leaving to take the position of President, Defense North America for Rolls Royce Corporation. Jarvi joined Bell Helicopter Textron in May of 2001.

In making the announcement Redenbaugh said, "We'll miss the strong and effective leadership Dennis has brought to the V-22 program. His program management skills, understanding of the V-22 program and leadership ability have been a great asset for Bell in this important program. Dennis' contributions to the V-22 have put us on track to deliver 18 aircraft this year. We wish him every success in his future endeavor."

Speaking of his time at Bell Jarvi said, "I will really miss working at Bell and particularly appreciate the opportunity to work on the V-22 program. We have turned the corner and are well on the way to ramping up to full rate production. It has been very challenging and rewarding. While the decision to leave is a difficult one, the new position offers me the opportunity of a lifetime. To lead a business unit in the aerospace industry charged with the full responsibility for the profit and loss has long been a goal of mine."

Redenbaugh indicated the V-22 program would continue moving toward the 18 aircraft goal. "We have a strong leadership team led by our V-22 Program Director, Bob Ellithorpe. We have an excellent program in place and will continue to refine our processes and reduce our costs in the production of the V-22."

FMI: www.bellhelicopter.textron.com

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