General Dynamics’ aerospace division, which includes Gulfstream and its support cousin, General Dynamics Aviation Services, had $1.2 billion in sales in the second quarter, up more than 13 percent from the same time a year ago. Earnings increased 20 percent, to $200 million. The backlog stood at more than $10 billion at the end of the quarter, a more than 40-percent increase from the second quarter of last year. The company delivered 72 airplanes in the second quarter, compared to 55 during the same period last year.
Gulfstream’s 2Q Growth Strong
- July 30, 2007, 11:03 AM