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News Release Press Contact: Mike Turner 316.676.8674 www.hawkerbeechcraft.com Hawker Beechcraft Corporation Celebrates Beechcraft 75th Anniversary WICHITA, Kan. (April 19, 2007) – Hawker Beechcraft Corporation today celebrated the 75th anniversary of Beechcraft. Walter and Olive Ann Beech formed Beech Aircraft Corporation April 19, 1932 at the old Travel Air manufacturing facilities in Wichita, Kan. Events and activities will occur throughout the year, including special Beechcraft celebrations at the Experimental Aircraft Association’s annual Air Venture show in July as well as an open house in September in conjunction with the American Bonanza Society Convention at Beech Field in Wichita. Updates on events and activities, as well as history and other information will be released throughout the year and can be found at www.hawkerbeechcraft.com. “This year we celebrate the 60th anniversary of the venerable Bonanza, the 75th anniversary of Beechcraft and the beginning of our new company, Hawker Beechcraft Corporation. We think Walter and Olive Ann would be very proud,” said Jim Schuster, chairman and CEO. “As we celebrate the past, we also look forward to writing the next book in the history of our great company.” Beechcraft began with the classic Model 17 Staggerwing. Designed for the business traveler, the airplane proved to be faster than military pursuit airplanes of the day. During World War II, the company produced the AT-7 and AT-11, derivatives of another classic, the Beechcraft Model 18 and trained almost 90 percent of all U.S. Army Air Corps bombardiers and navigators. Following the war in 1947, the company introduced the Model 35 Bonanza, an airplane whose descendants continue in production today as the Beechcraft Bonanza G36. Beechcraft 75th Anniversary – Page 2 From the very beginning, Beechcraft airplanes were modified for military and special-mission use. Quality manufacturing, rugged designs and superior performance met the needs of militaries and governments around the world. Throughout the years, Beechcraft added and developed product lines into what is today one of the broadest product lines of any manufacturer. Pioneering use of technology, such as composite materials for fuselage construction, has kept the company at the forefront of general aviation manufacturing for 75 years. With over 45,000 aircraft manufactured and over 36,000 still flying, the Beechcraft story is an enduring legacy that is only beginning. Hawker Beechcraft Corporation is taking the best of two of the strongest brands in aviation and growing them into a company writing the next 75 years of history. Hawker Beechcraft Corporation is the world’s leading business, special-mission and trainer aircraft manufacturer – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; and Chester, England, U.K. The company leads the industry with a global network of over 100 factory-owned and authorized service centers. ### Hawker Beechcraft History 1930's • Beech Aircraft Corporation is founded in 1932 by Walter H. and Olive Ann Beech. • The first Beechcraft produced is the Model 17 — the classic Beechcraft "Staggerwing." Designed especially for the business traveler, the airplane proves to be faster than military pursuit airplanes of the day and wins numerous air races. • In 1937, Beech introduces the Model 18 "Twin Beech." This airplane is to business what the DC-3 is to the airlines. Produced until 1970, the 33 years of continuous Model 18 production was a record until surpassed by the Beechcraft Bonanza. 1940's • During World War II, more than 14,000 Beechcrafters produce some 7,400 airplanes for the United States and Allied armed forces. It is estimated that 90 percent of all U.S. Army Air Corps bombardiers and navigators are trained in AT-7 and AT-11 aircraft — derivatives of the Beechcraft Model 18. • Following the war, in 1947, Beech introduces the Model 35 Beech Bonanza. The new Beech is a high-performance, single-engine, business airplane. Its record for continuous production is still lengthening. Beechcraft 75th Anniversary – Page 3 1960's • In 1961, Beech introduces the Baron B55, the forerunner of today's Baron G58, one of the most popular owner-flown twin-engine aircraft available. • In 1962, the 125 business jet was first conceived by the DeHavilland Aircraft Company as a purpose-designed jet for personal business travel. It featured a cabin with stand-up headroom throughout its 19-feet 4-inch length and first flew with a Rolls Royce Viper 520 turbojet engine. • In 1964, Beech introduces the Model 90 Beech King Air. It quickly establishes itself as the industry standard in corporate jetprops. Today, the various King Air models maintain a market share of more than 90 percent in their class. • In 1968, Beech enters an expanding commuter airline market with the Beechcraft 99 Airliner. • By 1968, the 125 business jet undergoes several engine changes and other airframe modifications to reflect the latest standards. The DeHavilland Aircraft Company by that time had been bought by the Hawker Siddeley Corporation and the 125 series aircraft became better known simply as the ‘Hawker.’ 1970's • In 1971, the Hawker airframe experiences its first big change – a fuselage stretch of two feet. The 600 series featured the 3,750-pound Rolls Royce Viper 601 turbojet engine, a 25,000- pound takeoff weight and a range of over 1,500 nautical miles. • In the mid-1970s, the Garrett TFE-731 engine is fitted to the Hawker Series 600 airframe and the Series 700 was born. The aircraft with its new turbofan engines had double the range of the turbojet-powered 600 even though they both had the same fuel capacity. • In 1974, Beech delivers the first Beech King Air 200, which brings new standards of room, speed, and passenger comfort to a business airplane. Beech has delivered nearly 2,000 Model 200s in civilian and military versions. • In 1975, Beech delivers the first C-12—the military version of the Beech Super King Air 200— to the U.S. Army. Today, all four branches of the U.S. Armed Forces—Army, Navy, Air Force, and Marine Corps—fly C-12s in various configurations. The Navy also uses Beech T-34C jetprop trainers for primary flight training, and versions of the Beech King Air Model 90, designated T-44A, for multi-engine training. 1980's • On February 8, 1980, Beech Aircraft Corporation becomes a subsidiary of Raytheon Company, a diversified electronics and technology company located in Lexington, Massachusetts. • Early in 1984, Beech delivers the first of its new pressurized 1900 Airliners to regional airlines. Today, more than 600 of the 19-passenger jetprops have been delivered worldwide. • Also in 1984, Beech introduces the Beech King Air 300, which offers improvement in speed, performance, and cabin amenities over its predecessors. • On December 2, 1985, Beech announces the addition of the Beechjet to its product line. Beechjet is a 535-mile-per-hour eight-to-ten passenger transport and features new business jet technology. • On Feb 15, 1986, a prototype of the new Beech Starship takes its first flight. The Starship is the first all-composite, twin-turbine business aircraft. It featured state-of-the-art avionics, a large swept wing and a forward canard. • In early 1988, Beech announces it will relocate assembly and subassembly work on the Beechjet from Mitsubishi facilities in Japan to Kansas, creating hundreds of new jobs for American workers. • In October 1988, Beech introduces the Beechjet 400A, which features a larger interior and the most advanced flight deck available. Beechcraft 75th Anniversary – Page 4 • In October 1989, Beech introduces the Beech King Air 350. With a wider wing span, double- club seating and two-foot-high winglets, the 350 is the most comfortable and capable King Air ever built. • In December 1989, the Beech Starship is certified. 1990's • In February 1990, U.S. Air Force officials announce the selection of the Beechjet for its T-1A Jayhawk program to train tanker and transport pilots. With all contract options exercised, Beech Aircraft is to provide 180 Beechjets to the Air Force for specialized undergraduate pilot training. • In September 1990, Beech Aircraft commits to compete for the U.S. Air Force and Navy Joint Primary Aircraft Training System. The Beech team offers a missionized version of the Pilatus PC-9 to be called the Beech MkII, an advanced, high-performance primary trainer. • In March 1991, Beech is awarded a type certificate for the 1900D Airliner, a state-of-the-art 19- passenger, pressurized aircraft featuring a 71-inch stand-up cabin, more baggage capacity, and improved passenger comfort features. • At the National Business Aircraft Association convention in October 1991, Beech introduces the new King Air C90B, which features a redesigned passenger cabin, new sound absorbent and moisture resistant interior panels, four-blade propellers, new propeller spinners and a new paint scheme. • On January 17, 1992, Beech delivers the first T-1A Jayhawk to the U.S. Air Force in ceremonies near the company's jet assembly line. • In August 1993, Raytheon Company acquires the Corporate Jets business from U.K. Company, British Aerospace, producers of the mid-sized Hawker jet line. It was renamed Raytheon Corporate Jets. • In mid-September of 1994, Beech Aircraft and Raytheon Corporate Jets merge to form Raytheon Aircraft Company. • At the end of 1994, U.S. Air Force exercises sixth option for 32 T-1A Jayhawks worth $127 million, bringing the total order to 180 aircraft worth $755 million. • In April of 1995, the company's new Administration Building opens. A $10 million, 100,000- square-foot facility, the building provides a modern showcase in which to conduct business with Raytheon Aircraft customers from around the world.