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Textron completed its purchase of Beech
Holdings in March 2014 for approximately US$ 1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$ 600 million in senior notes and a new US$ 500 million five-year
202:
Once the purchase was completed on March 14, 2014, Textron combined
Beechcraft with its existing Cessna subsidiary to form Textron Aviation and brought all production under the new company name. The old companies become brands of the new company due to their historical significance and name
210:
In the first quarter of 2017 company revenues were down US$ 121 million compared to 2016, as a result of lower sales of military and commercial turboprop aircraft. The company made a first quarter 2017 profit of US$ 36 million, down from US$ 73 million in the first quarter of 2016.
241:
Textron
Aviation's various lines of aircraft, including the Cessna single-engined piston and turboprop aircraft and jets, Beechcraft piston and turboprops are seen by the company as complementary to each other and not as competitors. Textron Aviation also produces the
206:
In
January 2017, the company announced lay-offs as a result of falling business jet and turboprop sales and company profits. Textron CEO Scott Donnelly indicated that customers are seeking pricing levels that the company is not willing to support.
171:. Textron Aviation sells Beechcraft and Cessna-branded aircraft. While no longer selling new Hawker airplanes, Textron Aviation still supports the existing Hawker aircraft fleet through its service centers.
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The CEO of Cessna, Scott Ernest, was named as the first CEO of
Textron. In October 2018, Ronald Draper succeeded Ernest to become the second CEO of Textron Aviation.
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By 2015, Textron
Aviation companies have delivered nearly 251,000 aircraft, exceeding 100 million flight hours, in over 170 countries. It provides
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had been slow, with only 23 of the model being sold in 2017. In
February 2018, the company ceased production of the aircraft.
888:"Textron Aviation Defense Beechcraft AT-6E Wolverine achieves Military Type Certification from the United States Air Force"
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trainer and AT-6 light attack variant. The company does not produce the Hawker jets, but provides parts support for them.
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that was formed in March 2014 following the acquisition of Beech
Holdings which included the
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businesses. The new business unit includes the
Textron-owned
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light general aviation aircraft, 4-seat, 227-235 hp
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light general aviation aircraft, 4-seat, 145-180 hp
221:
In April 2022, Textron purchased
Slovenian manufacturer
135:
858:"Textron Completes $ 235 Million Purchase Of Pipistrel"
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749:"Textron: Citation Production To Roll Back In 2017"
643:light general aviation aircraft, 4-seat, low-wing
626:general aviation long range mid-size jet aircraft
396:military training aircraft/light attack aircraft
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16:American general aviation aircraft manufacturer
292:Summary of aircraft built by Textron Aviation
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697:"Beech and Cessna to Become Textron Aviation"
671:"Textron Completes Acquisition of Beechcraft"
555:general aviation super mid-size jet aircraft
342:light general aviation aircraft, twin piston
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1333:Aircraft manufacturers of the United States
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450:light general aviation aircraft, 6 seat
324:light general aviation aircraft, 6-seat
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608:general aviation mid-size jet aircraft
538:general aviation mid-size jet aircraft
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572:general aviation light jet aircraft
521:general aviation light jet aircraft
1266:Fleet-class unmanned surface vessel
801:"Textron Confirms TTx Discontinued"
468:general aviation aircraft/commuter
13:
1363:Companies based in Wichita, Kansas
868:from the original on 21 April 2022
837:from the original on 17 March 2022
253:and engineering support for them.
155:business unit of the conglomerate
14:
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1276:MillenWorks Light Utility Vehicle
1181:Textron Marine & Land Systems
926:
825:O'Connor, Kate (17 March 2022).
799:Niles, Russ (20 February 2018).
747:Kauh, Elaine (25 January 2017).
723:"Ernest Out At Textron Aviation"
485:general aviation aircraft/cargo
378:light general aviation aircraft
360:light general aviation aircraft
27:
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721:Niles, Russ (14 October 2018).
1261:M1117 Armored Security Vehicle
880:
827:"Textron To Acquire Pipistrel"
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714:
695:Durden, Rick (14 March 2014).
225:to form a new division called
1:
1353:2014 establishments in Kansas
1204:Bell Agusta Aerospace Company
856:Niles, Russ (20 April 2022).
773:Grady, Mary (25 April 2017).
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51:; 10 years ago
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1186:TRU Simulation + Training
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1034:List of Beechcraft models
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918:. Textron Aviation. 2016.
597:Cessna Citation Sovereign
545:Cessna Citation Longitude
367:Beechcraft Super King Air
130:
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85:CEO: Ronald Draper (2018)
79:
63:
45:
35:
26:
528:Cessna Citation Latitude
1286:Ship-to-Shore Connector
579:Cessna Citation Mustang
244:Beechcraft T-6 Texan II
1209:Electric Transit, Inc.
313:Beechcraft G36 Bonanza
300:Original first flight
288:
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1307:Beech Factory Airport
1039:List of Cessna models
775:"King Air Sales Down"
492:Cessna Citation Excel
475:Cessna 408 SkyCourier
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149:Textron Aviation Inc.
96:and military aircraft
22:Textron Aviation Inc.
331:Beechcraft G58 Baron
1291:Stingray light tank
349:Beechcraft King Air
293:
23:
562:Cessna Citation M2
510:Cessna CitationJet
457:Cessna 208 Caravan
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286:Beechcraft Bonanza
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276:Cessna 182 Skylane
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266:Cessna 172 Skyhawk
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1225:Scott C. Donnelly
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615:Cessna Citation X
231:electric aircraft
227:Textron eAviation
186:Textron eViation
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1171:Lycoming Engines
1144:Textron Aviation
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1026:Textron Aviation
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94:General aviation
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1088:Subsidiaries
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995:RQ-2 Pioneer
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895:. Retrieved
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870:. Retrieved
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839:. Retrieved
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64:Headquarters
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1176:MillenWorks
1000:RQ-7 Shadow
810:21 February
297:Model name
199:term loan.
1327:Categories
1149:Beechcraft
1107:Arctic Cat
872:8 December
841:8 December
758:27 January
732:15 October
650:References
633:Cessna TTx
439:Cessna 206
421:Cessna 182
403:Cessna 172
216:Cessna 400
161:Beechcraft
103:Beechcraft
81:Key people
990:Aerosonde
223:Pipistrel
115:Pipistrel
40:Aerospace
1244:Products
1137:Ransomes
1127:Jacobsen
1016:Scorpion
975:aircraft
897:16 March
866:Archived
835:Archived
784:26 April
706:15 March
257:Aircraft
237:Products
90:Products
36:Industry
1348:Textron
1300:Related
1122:Cushman
1081:Textron
973:Textron
675:Textron
429:23,237
411:43,000
375:3,550+
357:3,100+
321:17,000
178:History
157:Textron
151:is the
131:Website
125:Textron
99:Brands:
54: (
46:Founded
1218:People
1154:Cessna
465:2,500
447:8,509
339:6,691
229:, for
169:Cessna
138:.txtav
111:Hawker
107:Cessna
916:(PDF)
862:AVweb
831:AVweb
805:AVweb
779:AVweb
753:AVweb
727:AVweb
701:AVweb
638:2004
620:1993
602:2002
584:2005
567:2012
550:2016
533:2014
515:1991
497:1996
480:2020
462:1982
444:1962
426:1956
408:1955
390:2000
372:1972
354:1963
336:1960
318:1945
306:Type
192:EBACE
121:Owner
1112:Avco
899:2023
874:2022
843:2022
812:2018
786:2017
760:2017
734:2018
708:2014
623:330
605:300
587:425
518:400
500:575
393:850
194:2023
163:and
140:.com
74:U.S.
56:2014
49:2014
136:www
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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