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BEECH, RAYTHEON ANNOUNCE PLANS FOR STARSHIP PROGRAM

 BEECH, RAYTHEON ANNOUNCE PLANS FOR STARSHIP PROGRAM
 WICHITA, Kan., Oct. 6 /PRNewswire/ -- Beech Aircraft Corporation and its parent, Raytheon Company, (NYSE: RTN) have announced production and marketing plans for the Starship all-composite business aircraft.
 Max Bleck, Beech chairman and chief executive officer and Raytheon Company president, said that Beech will be producing the Starship through the end of 1994 at its current production rate of one per month.
 "As the market heats up, as we expect it to do," Bleck said, "we will make the decisions necessary to continue production into 1995 and beyond.
 "We have significantly improved the Starship's performance and passenger comfort to make it even more attractive to customers. We are committed to the Starship program," Bleck said.
 Beech recently received certification for the new Starship 2000A, which has a faster cruise speed, a shorter field length, a more comfortable cabin environment, and longer range, Bleck added.
 "In addition, we are embarking on a series of marketing initiatives designed to create additional customer appeal," Bleck said.
 Included in the marketing and promotional programs are a stepped-up advertising campaign, an attractive leasing program, and a product demonstration tour this fall.
 Twenty Starships have been delivered to operators -- 13 sales and seven leases. Customer response from both owners and lessees has been extremely positive, and reliability of the aircraft has been truly outstanding.
 "Raytheon and Beech have invested considerable time and significant funds in the Starship program over the past decade," Bleck continued, "and we sense that the payoff is just around the corner.
 "The key is to get the airplane into customers' hands because it offers a better combination of large cabin, enhanced comfort, increased speed and advanced avionics than conventional jetprops. Besides, it makes a statement about its owner and the company it is associated with," he added.
 "We are convinced that, once an operator uses this aircraft, it will prove to be a tremendous business asset for that customer and its popularity will increase," Bleck said.
 The new Starship 2000A can be leased for $35,950 per month, which includes free maintenance for the first two years or up to 600 flight hours.
 The first production Starship 2000A made its public debut at this year's National Business Aircraft Association convention in Dallas last month.
 "When customers begin to experience the new Starship 2000A, which begins its demo tours this month, they will see an improved airplane," said Beech President Jack Braly.
 "This will translate into orders, which will be our cue to increase production to meet demand. We are totally committed to the ultimate marketing success of this airplane," he added.
 Speed increases are evident in the Starship's high altitude cruise performance, and range from a five-knot increase at 31,000 feet altitude, to a 20-knot increase at 37,000 feet.
 Increased fuel capacity gives the 2000A a seven percent increase in cruise range, from 1,470 nautical miles to 1,575 miles, with a 45-minute reserve.
 Payload is increased by 490 pounds, from 1,787 to 2,277 pounds. This results from a 400-pound increase in maximum take-off weight, and a 90-pound weight savings in the Starship 2000A's new six-place interior.
 Balanced field runway requirements are also reduced. A fully-loaded Starship 2000A (14,900 pounds) requires just 3,854 feet of runway to depart from sea level on a standard day.
 Beech Aircraft is a unit of Raytheon Company. It manufactures, markets and services a broad line of piston-powered, jetprop, and jet aircraft for the commercial, military and regional airline markets.
 -0- 10/6/92 R
 /CONTACT: Mike Potts, Beech Aircraft, 316-676-8674/
 (RTN) CO: Raytheon Company, Beech Aircraft ST: Massachusetts, Kansas IN: ARO SU:


TM -- NE006 -- 7043 10/06/92 11:55 EDT
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Date:Oct 6, 1992
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