Textron’s General Aviation Domain

Credit: Beechcraft Corp.
When Raytheon sold Beechcraft for what its current CEO, Bill Boisture, once called a “startling price” of $3.3 billion in early 2007, buyers Goldman Sachs and Onex Corp. were banking on the continuation of the then flourishing business jet and general aviation market. They each put in $500 million...

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