The company employs some 7,400 people, with roughly 4,700 working at its Wichita facility. It also has factories in Little Rock, Ark., Britain and Mexico, as well as more than 100 service centers worldwide. Hawker Beechcraft Corp., which is owned by Onex Partners and GS Capital Partners, a Goldman Sachs private equity fund, has struggled with tepid demand for its military planes and business jets over the past few years. "We are pleased to have reached an agreement with our largest lenders and bondholders on a solution to stabilize and improve our capital structure," Robert Miller, CEO of Hawker Beechcraft Inc., which is the parent company of Hawker Beechcraft Corp., said in a statement. "In the last three years, the company has made aggressive transformational changes in all operational functions, and today's announcement represents the next step forward."