- In August 1993, Raytheon Company acquires Raytheon Corporate Jets, producers of the mid-sized Hawker jet line, from British Aerospace.
- In mid-September of 1994, Beech Aircraft and Raytheon Corporate Jets merge to form Raytheon Aircraft.
- In mid-September of 1994, Beech Aircraft and Raytheon Corporate Jets merge to form Raytheon Aircraft.
- 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.
- On June 22, 1995, the Beech MkII is chosen as the U.S. Air Force and U.S. Navy's next-generation primary trainer aircraft in a highly competitive selection process. The multibillion-dollar program calls for the production of more than 700 aircraft. The joint services would soon name the aircraft the T-6A Texan II.
- In September 1995, Raytheon Aircraft introduces its all-new light jet, the Raytheon Premier I, which utilizes the latest technologies in design and construction to provide outstanding comfort, performance, and value.
- Also in September 1995, the first Hawker 800XP (Extended Performance) is delivered to a customer. The Hawker 800XP represents the first upgrade of the Hawker line since its acquisition by Raytheon Company.
- In April 1996, the 3,000th Beech Bonanza A36 rolls off the production line. The 5,000th King Air is delivered in June 1996.
- Raytheon Aircraft introduces the company's all-new, super mid-sized jet, the Hawker Horizon, during the National Business Aircraft Association convention in November 1996.
- In June 1997, Raytheon Aircraft announces the formation of Raytheon Travel Air, an aircraft fractional ownership company featuring the Hawker 800XP, the Beechjet 400A, and the King Air B200.
- In spring of 1997, the company marks 50 years of continuous production of the popular single-engine Bonanza series.
