Beechcraft Exits Bankruptcy On Eve Of Air Force’s Light Air Support Pick

[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…

Hawker Beechcraft Chairman Rebuffs Security Concerns Over Sale To Chinese: EXCLUSIVE

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,…