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After nearly a month on strike, Machinists Union workers at Textron Aviation in Wichita are expected to return to work after voting Sunday to accept the latest contract offer from the company.
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.
Textron, which makes Beechcraft, Cessna and Hawker planes and jets, is one of the largest employers in Wichita. Haugen, an interior installer, said they have a huge backlog of work.
Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands. [ 32 ] Beechcraft Corporation is an American manufacturer of general aviation and military aircraft , ranging from light, single-engined aircraft to twin-engined turboprop transports and ...
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 ...