With Beechcraft Deal Done, Textron Folds Cessna and Beech into Textron Aviation
The merged company forms the industry’s largest global service network of company-owned, authorized and mobile service solutions.
Beechcraft joins Cessna and Hawker to create Textron Aviation. The new company will produce complementary jet and turboprop products, while also forming the industry’s largest global company-owned service network.
Beechcraft joins Cessna and Hawker to create Textron Aviation. The new company will produce complementary jet and turboprop products, while also forming the industry’s largest global company-owned service network.

Textron closed its $1.4 billion acquisition of Beechcraft on March 14, bringing together Cessna Aircraft and Beechcraft to form Textron Aviation. Scott Ernest, Cessna’s president and CEO since 2011, was tapped to lead Textron Aviation as CEO. Meanwhile, Bill Boisture, Beechcraft’s chairman and CEO since 2009, was excluded from the Textron Aviation senior leadership team and “is moving on to new opportunities,” a Textron spokesman told AIN.