Report: Beechcraft to be sold to Textron

Published On: Dec 24 2013 08:15:55 PM CST   Updated On: Dec 20 2013 05:25:20 PM CST

Beechcraft is reportedly being sold to Textron in a deal worth $1.4 billion.  The Financial Times reports the deal will secure the future of the company, which recently emerged from bankruptcy.

Textron, which owns Cessna, could make the announcement today.

Eyewitness News is working to confirm details on this developing story.  Look for updates as they become available.