Bell Helicopter, a Textron Inc. company and Polska Grupa Zbrojeniowa signed a Letter of Intent (LOI) to cooperate on the UH-1Y. This signing is in addition to the LOI signed for the AH-1Z in 2016 – further expanding business relationships between Polska Grupa Zbrojeniowa and Bell Helicopter.

Based on this LOI, Polska Grupa Zbrojeniowa and Bell Helicopter will expand potential areas of cooperation related to Poland's future utility helicopter needs with the UH-1Y. In addition, this document also identifies the AH-1Z in support of the "Kruk" Program, an effort on the part of Poland's government to acquire attack helicopters included in the modernisation plan of the polish Armed Forces.

Pursuant to the LOI, Polska Grupa Zbrojeniowa and Bell Helicopter will have discussions regarding the knowledge that may be transferred from the American partner to Polish companies in the arms industry, as well as the possible scope of production and maintenance work which PGZ Group companies may be allowed to perform autonomously if the Ministry of National Defence purchases Bell AH-1Z Viper attack helicopters and Bell UH-1Y Venom utility helicopters.

"The Letter of Intent that has been signed gives Polska Grupa Zbrojeniowa an opportunity to implement world-class helicopter technologies in our factories. I am glad that PGZ Group has taken another step in its business relations with Bell, which will hopefully continue to grow stronger and stronger in the future. Equipping the Polish Armed Forces with state-of-the-art utility and attack helicopters is one of the priorities in the plan to modernize the Polish army. It is our goal to provide the Polish Armed Forces with top-class equipment, which significantly increases Poland's defence capabilities," said Blazej Wojnicz, President of the Management Board of PGZ S.A.

"We strongly believe this step with PGZ provides a solid basis for further relationships and shows Bell Helicopter's commitment to supporting Poland's military objectives and desire for industry growth. Being the newest attack and utility helicopters available on the market, the H-1 program gives our potential industry partners such as PGZ significant area for cooperation," said Vice President of International Military Business for Bell Helicopter Rich Harris. "The AH-1Z and UH-1Y together provide a common strength that offers the most effective and efficient means of accomplishing the missions in Poland."