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After nearly a month on strike, Machinists Union workers at Textron Aviation in Wichita are expected to return to work after voting Sunday to accept the latest contract offer from the company.
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 ...
Rick Haugen started putting aside $20 a week four years ago for this moment, just in case. The 54-year-old has been with Textron Aviation for 26 years but this is the first time he’s had to go ...
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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.
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