ABS MagazineMarch, 2014
In this Month's issue...
Textron’s deal to acquire Wichita’s Beechcraft Corp. is now cleared to close this month, earlier than expected, according to a Textron filing with the Securities and Exchange Commission on Tuesday. A transition team made up of representatives from Textron, Cessna and Beechcraft continues to meet regularly. “They’re putting together a really solid plan of how the two companies are going to work together...." Textron CEO Scott Donnelly said that the purchase of Beechcraft is an excellent fit for the company that owns Cessna Aircraft, but it will require “restructuring and optimization of costs.”
Make plans to attend the 2014 ABS Homecoming at Beech Field, Wichita, Kansas June 4-8. Be first to learn what's happening here.