July 13, 2014 3:14 AM ET

Aerospace and Defense

Company Overview of Cessna Aircraft Company

Company Overview

Cessna Aircraft Company manufactures general aviation airplanes in the United States. It offers freight, passenger, and hauling utility aircraft, as well as business jets, and personal and small-business single engine pistons. The company also operates a network of service facilities that provide maintenance, inspection, parts, repair, modification, equipment installation, refurbishment, and support services. In addition, it offers accessories and supplies, aircraft posters, and models; and products for ladies and kids online. Cessna Aircraft Company has a strategic agreement with Aviation Industry Corporation of China. The company was founded in 1927 and is headquartered in Wichita, Kansas....

One Cessna Boulevard

Wichita, KS 67215

United States

Founded in 1927

Phone:

316-517-6488

Fax:

316-517-7812

Key Executives for Cessna Aircraft Company

Chief Executive Officer and President
Chief Financial Officer
Chairman of Textron Inc and Chief Executive Officer of Textron Inc
Age: 52
Vice President
Senior Vice President of Customer Service
Compensation as of Fiscal Year 2014.

Cessna Aircraft Company Key Developments

Cessna Aircraft Co. Wins $8.4 Million Federal Contract

Cessna Aircraft Co. was awarded an $8.4 million federal contract modification by the U.S. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, for the re-winging, repair, and re-certification of five hail damaged C-208B aircraft. Place of performance will be in Kandahar Air Base, Afghanistan.

Avcorp Industries Inc. Enters into Settlement Agreement with the Cessna Aircraft Company

Avcorp Industries Inc. announced that it has entered into a settlement agreement with the Cessna Aircraft Company which settles all outstanding litigation between the company and Cessna. The settlement requires payment by Cessna of $27,964,513 in satisfaction of the judgment entered against Cessna from an arbitration award made on November 16, 2012. The settlement funds are due to the company on September 6, 2013. This settlement follows the original arbitration award wherein the arbitration panel awarded the company damages in the amount of $27,391,372, which, under the terms of an arbitration agreement between Cessna and the company, was a final and binding award. On May 8, 2013, the United States District Court for the District of Kansas entered a final judgment in the company's favor on the arbitration award in the aggregate amount, including prejudgment interest, of $28,464,513.

Cessna Aircraft Company Announces Board Appointments

Cessna Aircraft Company has made some moves in its executive ranks, with Bob King being named business leader for the Mustang, M2, CJ2+, CJ3 and CJ4 aircraft. The company also announced thart Brian Rohloff has been named vice president of quality. King will be responsible for overall profitability, as well as for guiding strategy within his product lines. He most recently served as Cessna’s vice president of information technology. Rohloff, most recently business leader for the Mustang and M2 jet aircraft, will lead the quality team and focus on Cessna’s continued priority of producing and delivering superior products that exceed customer expectations.

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