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Raytheon gives up its aeronautical division

Waltham, USA - The new company will call Hawker Beechcraft Corp

Raytheon Company announced that it has signed a definitive agreement to sell its wholly owned subsidiary Raytheon Aircraft Company (RAC) to Hawker Beechcraft Corporation, a new company formed by GS Capital Partners, an affiliate of Goldman Sachs, and Onex Partners. The Company will sell RAC for approximately USD 3.3 billion. The transaction includes Raytheon Aircraft facilities and other assets...

AVIONEWS - World Aeronautical Press Agency - 71684
Rome, Italy, 12/21/2006 18:02
AVIONEWS - World Aeronautical Press Agency

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