Is Hawker Beechcraft down to its last strike? Ever since a brutal downturn took hold in the business aviation sector three years ago, deliveries of T-6 trainers and intelligence-and-reconnaissance versions of King Air models to the Pentagon and other militaries have been a lifeline for the Wichita-based company. Sales have been so brisk that the company's owners have fielded queries about the profitable military business from unsolicited buyers. But with a drawdown of military ...

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