Message to our Vendors and Suppliers
July 9, 2012
Dear Valued Partner,
As you know, we have been working over the last several months to develop a plan that best positions Hawker Beechcraft for the future. After evaluating all of the strategic options available to us, we announced today that we have executed an exclusivity agreement with Superior Aviation Beijing Co., Ltd., a Beijing-based aerospace manufacturer, regarding a strategic combination.
While we are still in negotiations with Superior and the transaction is not yet complete, we are excited about what this development would mean for our company, our customers and our valued partners. Should the transaction be completed, Superior intends to maintain Hawker Beechcraft’s existing operations, including those in Wichita, Kan. and Little Rock, Ark., while also investing substantial capital in the company and its business and general aviation product line. You can find additional details regarding the announcement in the news release we issued today.
We believe this transaction would maximize value for Hawker Beechcraft and its stakeholders and look forward to working toward a definitive agreement in the weeks to come.
As we work to finalize the proposed transaction, it will remain business as usual at Hawker Beechcraft. Our relationship with you remains unchanged, as does our commitment to keeping you informed as we progress through this process.
Thank you for your ongoing partnership with Hawker Beechcraft. We look forward to continuing our relationship with you.
|Steve Miller |
Hawker Beechcraft, Inc.
Hawker Beechcraft Corporation