BEECHCRAFT CORP. acquired by TEXTRON
Context
BEECHCRAFT CORP., which reported an EBITDA margin of [members only] in 2013, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average currently observed in the Industry & Manufacturing sector (11.7x).
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Target
Beech Holdings, LLC, through its primary operating subsidiary Beechcraft Corp., designs, manufactures, and services a global fleet of turboprop, piston-engine, and military trainer aircraft, anchored by an active global installed base exceeding 35,500 aircraft in service. The company's commercial aircraft division centers on the proprietary King Air turboprop product family, which addresses business aviation, utility transport, and sovereign special mission requirements through high multi-mission dispatch reliability and flexible payload configurations. Revenue generation is related to the production & delivery of aircraft, the direct supply of original equipment manufacturer parts and factory-led heavy maintenance turnarounds at company-owned Hawker Beechcraft Services hubs. The defense segment functions under long-term governmental defense procurement contracts, delivering the standardized T-6 and AT-6 aircraft platforms for military pilot training and light attack operations.
Ent. Value
$1–10bn
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (USD)
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REFERENCES
Valuation range: EV $1–10bn
Revenue range: $1–10bn
EBITDA range: $100–200M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: beechcraft corp.
Acquirer: textron