Raytheon Completes Sale of Raytheon Aircraft Company to Hawker Beechcraft Inc. for $3.3 Billion and Lockheed Gets $260.4M Navy Deal.

0 Comments | M2 Presswire, March, 2007

M2 PRESSWIRE-27 March 2007-U.S. Equity News: Raytheon Completes Sale of Raytheon Aircraft Company to Hawker Beechcraft Inc. for $3.3 Billion and Lockheed Gets $260.4M Navy Deal(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:27032007 City of Industry, CA - Defense industry alert provided by U.S.

Equity News. Raytheon Company (NYSE: RTN) has completed the sale of its wholly owned subsidiary Raytheon Aircraft Company (RAC) to Hawker Beechcraft Inc., a new company formed by GS Capital Partners, an affiliate of Goldman Sachs, and Onex Partners for approximately $3.3 billion in cash. The sale was first announced on December 21, 2006. The transaction includes Raytheon Aircraft facilities and other assets in Wichita and Salina, Kansas; Little Rock, Arkansas; Dallas, Texas;...

Read the rest of this article with a Free Trial at HighBeam Research.
Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:
  1. You are currently: a Guest |
  4.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)