General Dynamics

January 24, 2008 - 10:43am

International orders accounted for more than half of Gulfstream’s 2007 earnings and contributed to a 17.3-percent increase in net sales last year, to $4.8 billion, up from $4.1 billion in 2006. Operating earnings increased 25.8 percent, from $644 million in 2006 to $810 million last year.

January 17, 2008 - 11:24am

Gulfstream Aerospace has joined other major manufacturers of business jets that are planning another round of layoffs and production cutbacks this year in the face of the slowing economy. “Possible military action in the Middle East and unrest in the Asia Pacific area have exacerbated the [economic] downturn,” Gulfstream said on the eve of the U.S. decision to go to war with Iraq last month.

January 17, 2008 - 11:24am

Gulfstream Aerospace has joined other major manufacturers of business jets that are planning another round of layoffs and production cutbacks this year in the face of the slowing economy. “Possible military action in the Middle East and unrest in the Asia Pacific area have exacerbated the [economic] downturn,” Gulfstream said on the eve of the U.S. decision to go to war with Iraq last month.

January 10, 2008 - 10:48am

Deliveries of and orders for Gulfstream business jets declined in 2002 compared with 2001. According to figures released by parent firm General Dynamics, Gulfstream delivered 61 GIV-SPs and GVs last year versus 71 in 2001. Deliveries of G100s and G200s totaled 24 last year, down six from the 30 shipped in 2001.

December 14, 2007 - 10:30am

Third-quarter results show that Gulfstream is on its way to ending this year with significantly improved numbers in deliveries, earnings and sales. According to figures released by parent company General Dynamics, Gulfstream delivered a total of 57 green aircraft in the first nine months of this year, compared with 53 in the same period last year. Earnings and margin rates more than doubled.

October 31, 2007 - 6:21am

General Dynamics’ aerospace segment, which includes Gulfstream, saw its third-quarter earnings rise 37 percent, to $226 million, while sales climbed 21 percent, to $1.31 billion. International sales are rising and accounted for 53 percent of Gulfstream’s orders in the three-month period, a trend evident throughout the industry.

October 25, 2007 - 11:01am

General Dynamics said yesterday that its third-quarter earnings rose 25 percent thanks to demand for its Gulfstream business jets and healthy combat systems growth. The company’s aerospace segment, which includes Gulfstream, saw its earnings rise 37 percent, to $226 million, while sales climbed 21 percent, to $1.31 billion.

October 15, 2007 - 11:19am

The surprise departure last month of Bill Boisture from Gulfstream after 10 years as its president and the naming of vice chairman Bryan Moss as his replacement tops a list of several major revelations over the last few months by the Savannah, Ga.-based manufacturer.

October 8, 2007 - 11:31am

Gulfstream Aerospace has awarded FlightSafety International a five-year contract to perform maintenance technician training at its Savannah, Ga. factory. The contract also includes training for all other Gulfstream

October 3, 2007 - 11:54am

After a flurry of interest late in the last decade that appeared to lose momentum in the wake of 9/11, there is evidence that progress toward defining a supersonic business jet continues quietly.

 
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