Friday, March 8, 2013

Reuters: Bankruptcy News: Beechcraft to protest U.S. Air Force decision on planes for Afghanistan

Reuters: Bankruptcy News
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Beechcraft to protest U.S. Air Force decision on planes for Afghanistan
Mar 8th 2013, 15:45

March 8 | Fri Mar 8, 2013 10:45am EST

March 8 (Reuters) - Beechcraft Corp said it will formally protest to the U.S. Government Accountability Office the U.S. Air Force's decision to award the light air support contract to its Brazilian competitor, Embraer SA.

Embraer won a deal on Feb. 27 to supply 20 light attack planes for counterinsurgency missions in Afghanistan, after a politically charged bidding process.

Beechcraft, formerly known as Hawker Beechcraft, emerged from Chapter 11 restructuring last month. The aircraft maker said in a statement that the Air Force decision is estimated to affect about 1400 jobs in Kansas and other states.

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