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The new contract boasts a 31% wage increase over the life of the contract, increases in cost of living adjustment with a maximum increase from $700 to $1,500 per year, a guaranteed $3,000 lump-sum ...
Textron, which makes Beechcraft, Cessna and Hawker planes and jets, is one of the largest employers in Wichita. Workers are now on their 10th day of striking. The union represents roughly 5,000 ...
Striking Textron employees picket in front of the facility on Greenwich Rd. Around 5,000 members of the IAM Local 774 are on strike after rejecting the company’s latest contract offer on ...
Textron Systems is an aerospace and defense development and manufacturing firm headquartered in Providence, Rhode Island. The company reported 2012 annual sales in the Textron Systems segment as $1.7 billion. [citation needed] Its operating units are: Support Solutions, Electronic Solutions, Unmanned Systems (Hunt Valley, Maryland)
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.
Aircraft manufacturers Spirit AeroSystems, Textron Aviation, and Bombardier Learjet provide jobs for a significant portion of the community's residents, as do Derby Public Schools and McConnell Air Force Base. [33] Business & Industry Number of Businesses: 532 Sedgwick County Unemployment: 4.8% (April 2015, KS Dept of Labor) Top 10 Taxpayers