Textron

February 24, 2014 - 12:30pm

Bell Helicopter CEO John Garrison said that the price of the company’s new short light single (SLS) helicopter would be pegged near $1 million. Bell is expected to reveal a mock-up of its re-entry into the light single market at its booth on Tuesday at 11 a.m.

February 13, 2014 - 1:55pm

Cessna Aircraft is set to deliver the first Citation CJ4 going to a Japanese customer. The Wichita-based aircraft manufacturer won a contract for three CJ4s from the Ministry of Land, Infrastructure and Transport Civil Aviation Bureau (JCAB) through its special-mission affiliate, Kanematsu of Japan. The twinjets will be equipped with flight inspection systems and as part of the JCAB’s mission will confirm the accuracy of air navigation capabilities, air routes and ATC facilities in Japan.

February 12, 2014 - 10:40pm

Cessna is set to deliver three Citation CJ4 business jets to the Japanese Ministry of Land, Infrastructure and Transport’s Civil Aviation Bureau through its special mission affiliate Kanematsu Corporation. The contract calls for Cessna to equip the airplanes with flight inspection systems to confirm the accuracy of air navigation capabilities, air routes and air traffic control facilities.

February 12, 2014 - 10:05pm

Bell Helicopter (Chalet CD11) is exhibiting two of its products at the Singapore 2014 airshow, the Bell 407GX single and the Bell 429 light twin. The show also marks the debut here of the cockpit demonstrator for the Bell AH-1Z Zulu attack helicopter. Meanwhile, the U.S. Marine Corps is displaying the Bell Boeing MV-22 Osprey in both the static and flying displays.

February 11, 2014 - 3:40pm

Cessna Aircraft announced today that the Citation fleet passed the 30 million flight-hour mark, which the Wichita aircraft manufacturer said is “an accomplishment unmatched in general aviation.” Since the Citation 500 entered service in 1972, Cessna has delivered more than 6,600 Citations to customers around the world.

February 9, 2014 - 6:35pm
Singapore Airshow visitors can see the  Bell/Boeing MV-22 Osprey tiltrotor firsthand.

Bell is looking to ramp up sales of both military and civilian helicopter models here in the Asia Pacific region. For the first time, the U.S. Marine Corps has brought a Bell/Boeing MV-22 Osprey tiltrotor to the Singapore show.

February 4, 2014 - 3:00pm

Textron has secured a $500 million credit agreement with JPMorgan Chase and other major banks that will help finance its planned $1.4 billion acquisition of Beechcraft, according to an SEC filing.

February 1, 2014 - 3:15am
Various Beechcraft models

In one of the biggest consolidations in the business aviation industry since Bombardier Aerospace combined Canadair, Learjet, de Havilland and Short Brothers in the late 1980s/early 1990s, Cessna Aircraft parent Textron announced on December 26 that it will acquire Beech Holdings LLC, the parent of Beechcraft Corp., for approximately $1.4 billion in cash. The deal is expected to close by the middle of this year.

January 30, 2014 - 2:18pm

Scott Donnelly, chairman, president and CEO of Cessna Aircraft parent company Textron, said his company’s acquisition of Beechcraft has received “overwhelmingly positive” feedback from both Cessna and Beechcraft customers. The deal, announced December 26, is expected to close by the middle of this year.

January 28, 2014 - 2:50pm

General aviation advocate and former Cessna Aircraft chief Russ Meyer received the Wichita Aero Club Trophy on Saturday. In introducing Meyer before he was bestowed with the Wichita Aero Club’s highest honor, NBAA chairman and CEO Ed Bolen called him “one of the most significant figures in general aviation history.” Meyer joined Cessna in 1974, and over his 31-year tenure there the Wichita company delivered 67,000 aircraft. He also worked to establish the FAA’s Airport and Airway Trust Fund in 1970 and was central to the passage of the General Aviation Revitalization Act in 1994.

 
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