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The service plans to select two proposed designs to advance to fabrication and flight-testing.
The Army expected to make a decision on its Joint Multi-Role Program, and Bell believes commonality with the civil 525 gives the Valor an advantage.
Despite the no-show of the F-35 fighter, the Farnborough show was packed with news.
The helo maker has agreed to pay a fine which, it claims, is an admission of wrongdoing or liability.
The Boeing F/A-18 Super Hornet and the Eurofighter Typhoon are the other contenders in Denmark.
Lockheed Martin and BAE Systems are reworking aircraft for Taiwan and Korea.