Beechcraft is increasing its product development spending by 300%, as the company studies the potential for a new single-engine turboprop, derivative diesel variants of its Beechcraft Bonanza and Baron aircraft and upgrades and/or derivatives of its King Air and other models, says Shawn Vick, president of Beechcraft International Services Co. The increase in research and development spending follow the emergence of the company from Chapter 11 bankruptcy protection in February, which ...
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