Hawker Beechcraft CEO Jim Schuster says the company will "keep our research and development plans intact" this year despite the recession, aiming to come out on the other side with desirable new products. Hawker invested $110.2 million in R&D last year, Schuster said Wednesday in a conference call with analysts. The company boasts a $7.6 billion backlog and is working with customers individually to work out financing in a tight credit market. "We'll get through," Schuster vowed. "We remain confident we'll continue to invest in the future of the company while serving our customers."
Published in Brief: