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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.
Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands. [ 32 ] Beechcraft Corporation is an American manufacturer of general aviation and military aircraft , ranging from light, single-engined aircraft to twin-engined turboprop transports and ...
The RQ-2 Pioneer, an unmanned reconnaissance aircraft developed jointly by AAI Corporation and Israel Aircraft Industries. AAI Corporation is an aerospace and defense development and manufacturing firm, located in Hunt Valley, Maryland, US.
The 2023 median annual base salary for Ohio State employees was $53,867, up from $50,065 in 2022. Sheridan Hendrix is a higher education reporter for The Columbus Dispatch.
Textron, which makes Beechcraft, Cessna and Hawker planes and jets, is one of the largest employers in Wichita. Workers are now on their 10th day of striking. The union represents roughly 5,000 ...
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 ...
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 ...
Avco's affiliated company, Avco Financial Services, was spun off to Associates First Capital Corporation in 1998, [8] which itself was acquired by Citigroup in 2000. [ 9 ] Early companies bought or merged by Avco