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Raytheon Sale of Beechcraft, Hawker, all GA imminent



 
 
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Old November 25th 06, 07:56 PM posted to rec.aviation.piloting
Owen[_5_]
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Default Raytheon Sale of Beechcraft, Hawker, all GA imminent

Raytheon has been trying to unload its general aviation / business
aircraft business for years and the Boston Globe is now reporting that a
buyer has reportedly been found and negotiations are in final stages.

The buyer is reportedly one of these three:

Carlyle Group of Washington
Cerberus Capital Management of New York
Onex Corp. of Toronto, Canada

Full Story:

http://www.boston.com/business/techn...aircraft_unit/

[Raytheon purchased Beechcraft in 1980, the Mitsubushi Diamond business
jet production in 1985 (production was moved from Japan to Wichita, KS),
and the Hawker business jet line from British Aerospace in 1993.]

 




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