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| Thursday, February 01, 2007 |
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Raytheon Aircraft goes to investors for $3.3 billion
By FlyingNews @ 10:11 AM :: 495 Views ::
0 Comments :: Business Aircraft Manufacturers
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It took some deep pockets, but Raytheon Company has found a buyer for its Raytheon Aircraft subsidiary.
Late last year, Raytheon announced “a definitive agreement” that will turn Raytheon Aircraft over to Hawker Beechcraft Corp., newly formed by Onex Partners of Toronto and GS Capital Partners (an affiliate of New York-based Goldman Sachs).
The $3.3 billion deal includes Raytheon Aircraft facilities and other assets in Wichita and Salina, Kan.; Little Rock, Ark.; and Dallas, as well as its FBO network in the U.S., UK and Mexico. It does not include Raytheon Company’s Flight Options fractional program, or Raytheon Airline Aviation Services, which manages the service and maintenance program for the out-of-production Beechcraft 1900D.
You can read the article here. |
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