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Last updated on April 24, 2014 at 6:45 EDT

Latest Cessna Stories

2013-02-20 08:22:18

LONDON, February 20, 2013 /PRNewswire/ -- Defense companies performed well but face a new set of challenges. The economic scenario is improving, easing the price pressure, but the looming fear of economic sequestration may turn out to be a dampener for these stocks. The spending cuts are expected to have negative impact on these companies. However, most of the stalwarts in the industry are ready to face the challenge and have been concentrating on developing new product lines to...

2013-01-23 12:20:42

PASO ROBLES, Calif., Jan. 23, 2013 /PRNewswire/ -- Highly regarded executives from business and military aviation have joined forces to offer remanufactured, modernized turbine-powered aircraft to the aviation and defense industries. The new enterprise, The Aviation Alliance, LLC will evaluate and select aircraft models to modify and act as general manager/contractor throughout the various modernization programs. The Aviation Alliance team currently includes the following executives and...

2012-12-07 20:21:08

VANCOUVER, Dec. 7, 2012 /PRNewswire/ - Avcorp Industries Inc. (the "Company" or "Avcorp") reports that it has received notice of a complaint filed by the Cessna Aircraft Company ("Cessna") in the United States District Court (Kansas) pursuant to which Cessna seeks to vacate the November 16, 2012 arbitration award in favour of the Company. The arbitration panel awarded Avcorp $27.4 million, which, under the terms of the arbitration agreement between Cessna and Avcorp, is a final and...

2012-11-19 08:21:51

Common Stock Listed Toronto Trading Symbol: AVP VANCOUVER, Nov. 19, 2012 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") is pleased to report that it has received the determination of an appointed arbitration panel constituted to adjudicate outstanding issues relating to cost reimbursements and compensation payable to Avcorp in connection with the transition of Cessna Aircraft Company ("Cessna") production work back to Cessna and other suppliers. The...

2012-10-30 15:24:52

OTTAWA, ON and SAINT-JEAN-SUR-RICHELIEU, QC, Oct. 30, 2012 /CNW Telbec/ - Textron Systems Canada Inc., a Textron Inc. (NYSE: TXT) company, and Rheinmetall Canada Inc., today announced a C$205 million contract for work to be performed by Rheinmetall Canada on the Canadian Forces Tactical Armoured Patrol Vehicle (TAPV) project. Rheinmetall Canada will earn C$152 million during the TAPV program's production phase - performing critical engineering and production work at its facility in...

2012-10-30 07:21:36

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:...

2012-10-30 07:21:20

CHARLOTTE, N.C., Oct. 30, 2012 /PRNewswire/ -- UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX); has been selected by Cessna Aircraft Company to supply the wheels, brakes and an integrated brake control system for Cessna's newest business jet, the Citation Longitude. It is the largest model in the Citation family with first delivery planned for late 2017. The products, delivered under the Goodrich brand, include an integrated braking system consisting of the main and...

2012-10-30 07:21:18

CHARLOTTE, N.C., Oct. 30, 2012 /PRNewswire/ -- UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX); has been selected by Cessna to provide interior cabinetry and interior composite panels for the new Cessna Latitude aircraft. The Cessna Latitude cabinetry and periphery work will be accomplished at the UTC Aerospace Systems' facility in Wichita, Kan. The Wichita Cabin Systems facility, which provides custom design and manufacture of galleys, vanities, high/low and...

2012-10-09 11:21:30

IRVINE, Calif., Oct. 9, 2012 /PRNewswire/ -- JetSuite, the nation's fastest-growing light jet operator, announces the expansion of its fleet with the JetSuite Edition CJ3. The new, larger, longer-range aircraft will be open for bookings* on October 9th with flights beginning November 19, in time for Thanksgiving travel. JetSuite's range and capacity expands with the JetSuite Edition CJ3, which has the ability to fly up to 2,000 miles and seat six passengers (plus a 7(th),...

2012-10-04 10:20:29

CHICAGO, Oct. 4, 2012 /PRNewswire/ -- JSSI, the world's leading provider of support and financial services to the business aviation industry, released the following statement in response to President Barack Obama's attack on business aviation during last night's Presidential debate in Denver. "President Obama clearly does not understand the full economic impact that the business aviation industry has on the broader U.S. economy," stated JSSI Chairman Lou Seno. "These tools...