Textron’s CEO said Friday that his company’s $1.4 billion purchase of Beechcraft Corp. will require “restructuring and optimization of costs,” but didn’t say whether that will include job cuts at Beechcraft’s home base in Kansas, or elsewhere.Textron, the parent company of Fort Worth-based Bell Helicopter and Cessna Aircraft, announced late Thursday that it was purchasing Wichita, Kan.-based Beechcraft to add to its aviation businesses. Textron stock moved up on the news, gaining 41 cents, or 1.1 percent, to $36.61 on the New York Stock Exchange. Adding Beechcraft models such as the twin-engine King Air will complement a Cessna lineup that ranges from two-seaters to the Caravan turboprop used to fly people and cargo to small airports. That market segment is less competitive than private jets, where Cessna has struggled because it doesn’t build the large, long-range planes now favored by corporate buyers. “It’s definitely a pretty good overall fit,” said Eric Hugel, an analyst at S&P Capital IQ in New York. “It looks like the deal is reasonably priced and there should be a lot of opportunity to squeeze out costs.” The move caps a turbulent year for Beechcraft, which has roughly 5,400 employees worldwide, including about 3,300 at its Wichita headquarters. The company emerged from bankruptcy 10 months ago largely freed from debt and its unprofitable Hawker business jet operations. Textron’s purchase is expected to close by the second half of 2014, probably around mid-year. Scott C. Donnelly, Textron’s chairman and CEO, acknowledged during a conference call that Beechcraft employees have been through a lot over the past few years. “From an employee’s perspective, obviously we are going to need to go through restructuring and optimization of costs, but it’s going to strengthen those King Air and T-6 and Baron and Bonanza products going forward,” Donnelly said, referring to Beechcraft’s lines of airplanes. Textron, based in Providence, R.I., hasn’t made a decision on whether layoffs will be necessary, said spokesman Dave Sylvestre. He said a transition team was being formed, but until it begins its work, “it would be too early for us to speculate on what it means in terms of workforce size or plant consolidations or anything like that.” But overall, he said, the merger is good news for Wichita. “Beechcraft now has a strong parent company, which means greater stability and investor capacity for Beechcraft,” Sylvestre said. Messages seeking comment from officials at the International Association of Machinists & Aerospace Workers in Wichita were not immediately returned. The office for IAM District 70 was closed for the holidays. Beechcraft was founded in Kansas in the 1930s, then purchased by the Canadian investment firm Onex Partners and Goldman Sachs Group’s private equity arm in 2007. It has more than 36,000 aircraft in service, but struggles in the sluggish business jet market during the economic downturn forced the company to file for bankruptcy reorganization in May 2012. The company, which emerged from bankruptcy on Feb. 19, has stopped making its unprofitable Hawker business jets to focus on turboprop and piston aircraft as well as trainers and light attack planes for the military. “It’s demonstrated that it was resilient to what was a very challenging time,” Donnelly said. This article includes material from Bloomberg News.