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Beechcraft to be sold?

Beechcraft to be sold?

By George Lawson. CREATED Dec 20, 2013

Wichita-based Beechcraft is reportedly being sold to Textron in a deal that would be worth almost $1.5 billion.  

The Financial Times reports the sale. The newspaper said the sale could secure Beechcraft's future after its recent bankruptcy.

Textron already owns Cessna Aircraft and Bell Helicopter. The Financial Times report said Textron officials could announce the deal soon.