Textron, an industrial conglomerate that includes big-name aerospace companies such as Bell Helicopter and Cessna Aircraft, has also recently agreed to acquire Beechcraft as of December 26, 2013, in a deal valued at $1.4 billion. This sale, which was concluded in the beginning of 2014, also includes the discontinued Hawker jet product line. Textron has quieted critics that proclaimed the company the already too far in debt to acquire the Beechcraft business, which had over $3 billion in debt alone. This would bring Textron’s debt load past $4.4 billion, in addition to the $1.1 billion in loans that would be required to finance the sale.Although this does seem like bad news for shareholders, the acquisition is already looking like it will pay pidends in the long run. Beechcraft was just awarded a $127 million contract to the New Zealand Ministry of Defence in which it will supply 11 T-6C turboprop trainer aircraft as well as ground simulators, with delivery scheduled for 2016.