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January 24, 2014

Textron Reports 20 Percent Increase In Fourth Quarter Earnings Per Share

Strong Cash Flow Also Reported In The Year-End Accounting

Textron on Wednesday reported fourth quarter 2013 income from continuing operations of $0.60 per share, up from $0.50 per share in the fourth quarter of 2012. Revenues in the quarter were $3.5 billion, up four percent from the fourth quarter of 2012. Manufacturing segment profit was $305 million compared to $279 million in the fourth quarter of 2012.

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Beechcraft Celebrates 50th Anniversary Of King Air’s First Flight

Celebration Launches Year-Long Commemoration Of The King Air

Beechcraft Corporation recognized the 50th anniversary of the first flight of the King Air Model 90 this week with several three-ship passes of the company’s current production King Air models over its home airfield, Beech Field, in Wichita, KS, as employees and guests watched.

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Gone West: NASAO President Henry Ogrodzinski

Joined The Organization In 1996, Career Saw Service To Many Advocacy Groups

The National Association of State Aviation Officials (NASAO) announced today that Henry M. Ogrodzinski, President and CEO for the last 18 years died Wednesday, January 22.  Henry’s two year battle with cancer came to an end at his home on Capitol Hill at the age of 65.

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Search Suspended For Wreckage From 1965 Accident

Low Visibility And Standing Trees At The Bottom Of Folsom Lake In California Hampered The Search

The search for the wreckage of an airplane and three of its occupants that went down in 1965 in Folsom Lake in California has been suspended.

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