Gulfstream Aerospace

January 27, 2011 - 9:13am

General Dynamics, the parent company of Gulfstream and Jet Aviation, yesterday reported revenue of $32.47 billion and pre-tax earnings of $2.63 billion last year, up from $31.981 billion and $2.41 billion, respectively, in 2009. The company’s aerospace segment accounted for $5.3 billion in revenue and $860 million in profits last year, the latter up 21 percent over 2009.

January 18, 2011 - 9:23am

Gulfstream Aerospace has acquired a 253,000-sq-ft building in Savannah, Ga., to house its growing research and development program.

December 29, 2010 - 8:33am

General Dynamics’ aerospace group is on track to post a modest growth in revenue over last year, ­according to company CEO and chairman Jay Johnson.

December 29, 2010 - 6:01am

At the same time Gulfstream Aerospace is preparing an assembly plant for its new G650, the Savannah-based OEM is also readying an adjacent building for cabin completion work. The completion facility is in a former service center currently being used for flight-test operations. Gulfstream expects all G650 assembly and outfitting to be done at the main Savannah plant.

December 29, 2010 - 4:00am

At the same time Gulfstream Aerospace is preparing an assembly plant for its new G650, the Savannah-based OEM is readying an adjacent building for cabin completion work. The completion facility is in a former service center currently being used for flight-test operations. Gulfstream expects all G650 assembly and outfitting to be done at the main Savannah plant.

December 7, 2010 - 10:30pm

Gulfstream Aerospace is preparing an assembly plant for its new G650, and the U.S manufacturer is also readying an adjacent building for cabin completion work. The completion facility is in a former service center currently being used for flight-test operations. Gulfstream expects all G650 assembly and outfitting to be done at its headquarters in Savannah, Georgia.

November 30, 2010 - 3:57am

Gulfstream Aerospace announced ambitious plans last month for a $500 million, seven-year expansion project at its Savannah, Ga. headquarters “to ensure that the company is well positioned to meet future demand for business jets and support services.” To facilitate the new development, the aircraft manufacturer entered into a 50-year lease with the Savannah Airport Commission to build additional facilities on 159 acres of airport land.

November 29, 2010 - 10:28am

Third-quarter earnings from five business jet OEMs are in, and with the exception of Gulfstream the results aren’t for the squeamish.

November 29, 2010 - 9:07am

What the GAMA third-quarter numbers subtracted from the upbeat mood generated by October’s NBAA Convention, Gulfstream Aerospace restored in part when it announced ambitious plans last month for a major seven-year expansion project at its Savannah, Ga. headquarters “to ensure that the company is well positioned to meet future demand for business jets and support services” (see page 6).

November 24, 2010 - 9:22am

Gulfstream Aerospace has announced a $500 million, seven-year facility expansion plan at its Savannah headquarters. The project includes building new facilities and renovating several existing facilities, as well as expanding office and lab facilities at the Gulfstream Research Development Center in Savannah’s Crossroads Business Park.

 
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