[3] Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash.
Textron CEO Scott Donnelly indicated that customers are seeking pricing levels that the company is not willing to support.
[4] In the first quarter of 2017 company revenues were down US$121 million compared to 2016, as a result of lower sales of military and commercial turboprop aircraft.
Textron Aviation also produces the Beechcraft T-6 Texan II trainer and AT-6 light attack variant.
[9] By 2015, Textron Aviation companies have delivered nearly 251,000 aircraft, exceeding 100 million flight hours, in over 170 countries.