Timeline of Beechcraft Corp.
02/19/2013 6:09 AM
08/08/2014 10:14 AM
1925: Travel Air Manufacturing Co., co-founded by Walter H. Beech, builds OX- 5, first Beech-designed plane.
1932: Walter Beech, a former barnstormer, test pilot and salesman who grew up on a Tennessee farm, starts Beech Aircraft Corp. in Wichita with his wife, Olive Ann.
1934: Beech becomes full manufacturer with three models.
1936: Beech issues common stock, changes name to Beech Aircraft Corp.
1940s: During World War II, Beech builds AT-10 and AT-11 trainers, XA-38 Grizzly attack bombers. It converts some of the designs to peace-time planes when war ends.
1947: Beech introduces its single-engined piston Bonanza, a line still in production.
1950: Walter Beech dies; Olive Ann Beech becomes president of the company.
1964: Beech delivers first King Air Model 90, first in a series of turboprop business planes still in production.
1980: Beech shareholders (including Olive Ann Beech, with 19 percent of the company) agree to acquisition by Raytheon Corp.
1986: The company introduces its first business jet, the Beechjet.
1993: Raytheon Co. acquires the midsize Hawker jet line from British Aerospace PLC for $372 million.
1994: Raytheon says it will merge Beech and Raytheon Corporate Jets subsidiaries, renaming merged subsidiary Raytheon Aircraft Corp.
2007: Onex and Goldman Sachs buy the company and rename it Hawker Beechcraft Corp.
2012: Hawker Beechcraft files for Chapter 11 bankruptcy.
2013: The company emerges from bankruptcy as Beechcraft Corp.
Source: Eagle archives
Editor's Choice Videos
Join the Discussion
The Wichita Eagle is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.