The U.S. Army began a program to study improvements to current helicopters that could be demonstrated by testing. Analyses by three helicopter companies showed that performance could be greatly improved. Bell Helicopter was one of the participants and investigated improvements to the
UH-1B Iroquois. After the study, Bell submitted a proposal for the
High Performance Helicopter. On 7 August 1961, the Army's Transportation Research and Engineering Command (TRECOM) awarded a contract to Bell Helicopter for a high-performance helicopter to conduct research. In response, Bell built the Model 533 from a YH-40-BF, one of the six preproduction UH-1s. The dynamic components of the YH-40 were updated with components designed for the UH-1B. The research for the contract was split into two phases; phase one would be to determine the benefits of an overall reduction in
drag, phase two would determine the benefits of auxiliary thrust. The Bell 533 was flight tested in three main configurations. The first configuration was the basic YH-40 helicopter with drag reduction changes. The second configuration added a pair of jet engines for additional thrust. The third configuration added swept wings for extra
lift. ==Operational history==