Enters Into 'Strategic Combination' With Superior Aviation Of Beijing
Hawker Beechcraft announced Monday that it has executed an exclusivity agreement with Superior Aviation Beijing Co., Ltd. (Superior), a Beijing-based aerospace manufacturer, regarding what it is calling a "strategic combination." Should the transaction be completed, Superior intends to maintain Hawker Beechcraft’s existing operations while also investing substantial capital in the company and its business and general aviation product line, saving thousands of American jobs, including in Wichita, KS, and Little Rock, AK.