[Updated 1:15 pm, Feb. 20] Wichita-based Beechcraft — formerly Hawker Beechcraft — has officially emerged from bankruptcy with a new name, 2,000 fewer employees, $2 billion less debt, and one last shot at a bitterly contested Air Force contract to provide ground attack planes to Afghanistan. The Air Force’s decision on the Light Air Support… Keep reading →

The proposed sale of bankrupt Hawker Beechcraft to a Chinese company will create no security problems for the US military, pledged Hawker chairman Bill Boisture in an exclusive interview with Breaking Defense. If the potential $1.8 billion sale to Superior Aviation Beijing actually goes through — and at least one well-regarded industry observer, Richard Aboulafia,… Keep reading →