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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 ...
Net income. US$3.34 billion (2019) ... and since 2014 have been units of Textron Aviation. ... for the USAF worth an estimated $1 billion. ...
Huge news for Fort Worth: The Army chose Bell Textron over Lockheed Martin and others to develop the next generation of combat aircraft, based on Bell’s V-280 Valor tiltrotor.
Bell Helicopter Textron landed a sizable Pentagon contract in support of two U.S. allies Tuesday. Specifically, Textron was awarded a foreign military sales contract worth up to $85.4 million to ...
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For the next decade, Aviation Week predicts 8,683 business jets and 2,877 turboprops deliveries, from 792 jets in 2019 to 917 in 2028, and mostly in North America with 5,986 jets and 2,024 turboprops worth $126.1 billion. Most value will come from ultra-long-range jets with $104.7 billion, followed by super-midsize jets for $33.3 billion and ...
The Department of Defense announced 24 new defense contracts Monday, with a combined value of $1.66 billion. One of these contracts went to Boeing , another to Textron -- and a third to Boeing and ...