Beechcraft Sheds Hawker, Moves To Bolster Own Models
By Kerry Lynch, William Garvey
Source: Aviation Week & Space Technology
Regarding its existing product lines, Boisture concedes that the bankruptcy process—which included a possible takeover by Chinese interests—unnerved some potential customers. But he says confidence has improved as the company came closer to exiting the bankruptcy process.
Beechcraft's emergence from bankruptcy protection comes just days before the U.S. Air Force is slated to announce a decision on the rebid of its Light Air Support contract. Beechcraft is offering its AT-6 single turboprop in competition with Embraer's Super Tucano. The final decision, originally expected to be announced in January, is now set for Feb. 27.