Raytheon Aircraft Co. is in the midst of a $150-million restructuring and modernization program that has gutted its World War 2-era factory areas as well as eliminated staid production methods. The transformation typifies the head-to-toe reorganization many business aircraft manufacturers are experiencing as global competition for the limited business aircraft market intensifies. The Canadair Challenger and new ultra-long-range Global Express, for example, are produced under the ...

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