Kansas-based airplane maker Hawker Beechcraft Services said today that it would expand its Indianapolis aircraft maintenance center. The project would add about 50 engine and electronic technician jobs in five years, bringing total employment to about 123 at the Hawker site.
The $14 million expansion would build and equip a hangar at Indianapolis International Airport to service the Hawker 4000 and other new aircraft.
The twin-engine 4000, a $20 million business jet seating 14, is scheduled to reach market soon as the company’s flagship aircraft amid an anticipated boom in industrywide sales of corporate jets.
Hawker Beechcraft was acquired for $3.3 billion last March from Massachusetts-based Raytheon Co. by GS Capital Partners. GS consists of the investment firms Goldman Sachs of New York and Onex Partners of Toronto.
Separately, Onex partnered in the $5.6 billion buyout in August of Indianapolis manufacturer Allison Transmission from General Motors.
Source: indystar.com
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