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Textron to Acquire Pipistrel in Bid to Position in Electric Airplane Market

Textron and Pipistrel captured the attention of the general aviation world on Thursday morning with the announcement that the Providence, Rhode Island-based owner of the Cessna, Beechcraft, and Bell aviation brands has entered into an agreement to acquire the Slovenia-based Pipistrel. The new Textron eAviation will be based in Wichita, Kansas.
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