Textron Aviation Announces New Leader for Cessna and Beechcraft Segment
Textron has closed its acquisition of Beechcraft Corp., and will merge Cessna Aircraft and Beechcraft to form a new segment called Textron Aviation, the company announced Friday. Cessna, Beechcraft and Hawker will remain distinct brands, however, Textron said. Scott Ernest, Cessna CEO, will lead the combined company. “The attractiveness of the merger was driven by…