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Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Beechcraft is an American brand of civil aviation and military aircraft owned by Textron Aviation since 2014, [1] headquartered in Wichita, Kansas.Originally, it was a brand of Beech Aircraft Corporation, an American manufacturer of general aviation, commercial, and military aircraft, ranging from light single-engined aircraft to twin-engined turboprop transports, business jets, and military ...
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company.
Beechcraft's King Air 350i aircraft, Image source: Beechcraft. On Thursday evening, industrial conglomerate and Cessna parent Textron announced it has agreed to acquire all of Beech Holdings, the ...
Textron investors were left smiling Friday, when shares of the defense and aerospace conglomerate jumped more than 14% following an encouraging bit of acquisition news from the folks over at the ...
A look at the shareholders of Textron Inc. ( NYSE:TXT ) can tell us which group is most powerful. Institutions often...
In the first quarter of 2007 Raytheon sold its aircraft operations, which subsequently operated as Hawker Beechcraft, and since 2014 have been units of Textron Aviation. The product line of Raytheon's aircraft subsidiary included business jets such as the Hawker 800XP and Hawker 4000 , the Beechjet 400A , and the Premier I ; the popular King ...
If you want to know who really controls Textron Inc. (NYSE:TXT), then you'll have to look at the makeup of its share...