Raytheon Sells Aircraft Unit for $3.3 Billion
Credit: RAYTHEON AIRCRAFT
Good things come to those who wait. In 1999, near the peak of the corporate aircraft market's last upcycle, Raytheon put its business and general aviation unit up for sale. The company finally selected a buyer in late December--of 2006. The $3.3-billion deal to sell the Wichita, Kan.-based Raytheon...
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