Brings Over 20 Years Of Financing Experience

Hawker Beechcraft Corporation announced Monday that Sidney E. Anderson will join the company as its new Chief Financial Officer following a brief transition period and appointment by the Board of Directors at its next meeting on November 6-7, 2008.

Anderson will be responsible for the management and direction of the company’s finance and accounting organization that includes financial analysis, accounting, information technology, controls, budgeting, planning and forecasting.

"Sid is an outstanding addition to the senior leadership team. He brings a new depth of experience and insight to our company at an important time when we are expanding our domestic and international operations and broadening our product range," said Hawker Beechcraft Chairman and CEO Jim Schuster. 

Schuster adds Anderson’s career spans more than 20 years. He has been with United Technologies since 1999, most recently as Vice President, Finance and Treasury for UTC’s Hamilton Sundstrand division. Anderson brings to HBC an exceptionally diverse experience and skill set gained within the aerospace industry, having held a variety of positions with experience in finance, accounting, financial planning, investor relations and government accounting.

Anderson holds an MBA from MIT Sloan, a second Master’s from Arizona State University, and a BA from Augustana College. He will replace former CFO Jim Sanders, who plans to move to a new position within HBC.

Since its March 2007 formation -- the result of the purchase of Hawker and Beechcraft assets from Raytheon, by a consortium led by GS Capital Partners and Onex Partners -- Hawker Beechcraft has added more than 40 new leaders to its roster.

FMI: www.hawkerbeechcraft.com