Latest Cessna Aircraft Co. Stories

ORLANDO, Fla., Oct. 30, 2012 /PRNewswire/ -- Honeywell (NYSE: HON) announced that the Cessna Aircraft Co. has selected Honeywell to provide the most advanced environmental control systems, industry-leading LASEREF navigation and state-of-the-art communications systems for the new Cessna Citation Latitude and Cessna Citation Longitude aircraft. The new business is expected to be worth up to $800 million over the life of the program. (Logo:...

The U.S. airplane manufacturing company, Cessna Aircraft Co., says it will cut 1,300 employees. Cessna spokesman Bob Stangarone said 800 Cessna employees will receive 60-day layoff notices on June 19, while the remaining 500 employees will be informed in notices prior to Aug. 14, The Wichita (Kan.) Eagle reported Saturday. Stangarone said the initial layoffs will be focused primarily on hourly production workers. Details regarding those being targeted by the second round of layoffs were not...