It appears that Raytheon Corp., which does lots of contracts for the United States military is shedding its Beechcraft brand of general aviation aircraft as that division is up for sale now. Of course this is rather unfortunate for the economic development associations of Salina Kansas and Wichita, Kansas, which both have aircraft plants there.
In fact Raytheon aircraft Co. announced that it would be eliminating 600 or more jobs and although they announced that they would do this in January, now the company is for sale and the aircraft manufacturing plants might close. This is rather unfortunate considering Wichita, Kansas has seen a real estate bubble burst and is still recovering from the last wave of layoffs between all the aircraft manufacturers there.
For Salina Kansas there is not a whole lot going on in that city except maybe the Blue Beacon Truck Wash Company, although the town is growing the economic development Association auditors this a pretty big hit. A couple of years ago there were 7500 people employed in Kansas making general aviation aircraft were Beechcraft. That figure is down from 9000 since 2001. Of course all the aircraft manufacturing companies including Bombardier Aerospace and Cessna Aircraft Corp. have all had significant layoffs in Wichita. Please consider all this in 2006.