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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 ...
The company that builds Cessna and Beechcraft planes expected to issue final offer in labor negotiations. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
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.
NetJets announced in September 2023, that it will be purchasing up to 1,500 Cessna Citation jets from Textron Aviation. Deliveries for this 15-year deal are expected to begin in 2025. Deliveries for this 15-year deal are expected to begin in 2025.
In March 2022, Textron entered into an agreement to buy Pipistrel and form a new division for electric aircraft development, to be called Textron eAviation. Pipistrel will continue as a brand and retain its existing headquarters and operations in Slovenia and Italy. Textron will invest in the division to hasten future aircraft development and ...
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.
Aviation giant Textron forecasts a stellar 2024 as military contracts pay big dividends
Textron AirLand aimed to complete 500 flight hours and verify basic performance features by the end of 2014. [3] [4] Initial flight tests showed positive results in evaluations of performance and mechanical and electronic systems. [18] On 9 April 2014, Textron AirLand announced that the Scorpion had reached 50 flight hours over 26 flights.