Textron Friday closed on its acquisition of Beechcraft Corp. parent Beech Holdings, and said that with the deal complete it will combine Cessna, Beech and Hawker operations in a new segment—Textron Aviation—led by Cessna CEO Scott Ernest. Beech CEO Bill Boisture will not continue on in the new company, a Beech spokesman confirmed. “Cessna, Beechcraft and Hawker will each remain distinct brands to preserve their rich histories and respective strengths in the marketplace,” Textron said in a ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Textron Closes On Acquisition Of Beech Holdings".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.