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Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. 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 term loan.
The RQ-2 Pioneer, an unmanned reconnaissance aircraft developed jointly by AAI Corporation and Israel Aircraft Industries. AAI Corporation is an aerospace and defense development and manufacturing firm, located in Hunt Valley, Maryland, US.
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company.
Aviation giant Textron forecasts a stellar 2024 as military contracts pay big dividends. ... For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions;
Beechcraft is an American brand of civil aviation and military aircraft owned by Textron Aviation since 2014, [1] headquartered in Wichita, Kansas.Originally, it was a brand of Beech Aircraft Corporation, an American manufacturer of general aviation, commercial, and military aircraft, ranging from light single-engined aircraft to twin-engined turboprop transports, business jets, and military ...
Avco's affiliated company, Avco Financial Services, was spun off to Associates First Capital Corporation in 1998, [8] which itself was acquired by Citigroup in 2000. [ 9 ] Early companies bought or merged by Avco
Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron , Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas , United States as well as commercial helicopters in Mirabel, Quebec , Canada .
Mechtronix Inc. [1] was a Canadian company specializing in the manufacture of flight simulation training devices (FSTD) for commercial, general, and business aviation. The company was founded in 1987 and was based in Montreal, Canada. The company was acquired by Textron in 2013 [2] and was merged into TRU Simulation + Training.