General Dynamics (GD) announced this morning that on April 9, Joseph Lombardo will become executive v-p of its aerospace business group and president of subsidiary Gulfstream Aerospace. He will succeed Bryan Moss. Lombardo, 58, has been Gulfstream’s COO since 2001. Moss, 66, who has been Gulfstream president since 2003, will become president emeritus of Gulfstream, a new position.
Factory product support for Gulfstream IIs and GIIIs will move out from beneath the wing of Gulfstream service centers and find itself under the umbrella of Delaware-based General Dynamics Aviation Services (GDAS) on January 1.
The Gulfstream G150, which the Savannah, Ga.-based company describes as the first wide-cabin, long-range, midsize business jet, rolled out January 18 in el Aviv before hundreds of employees of Israel Aircraft Industries, which is producing the G150 at its plant on Ben Gurion International Airport.
In the fourth quarter of last year, Gulfstream Aerospace reported receiving orders for 34 aircraft, the largest number it has ever received in a three-month period. Saying, “We entered 2004 with an improving economic outlook for business aviation,” the company claims it has already sold out nearly 70 percent of this year’s planned production, adding that new customers can’t get a delivered Gulfstream until next year.
Gulfstream is reportedly preparing a new model to succeed the G300, reliable industry sources have informed AIN. Expected to be introduced during the first quarter of this year (possibly late this month at the Singapore show), the new model would apparently take the place of the current G300 in Gulfstream’s production lineup.
A new high-speed data system developed by Arinc Direct has cleared the final hurdles for certification in the Gulfstream V. Gulfstream claims that the product, called the Broad Band Multi-Link (BBML) system, is the fastest business jet cabin data connection on the market, capable of achieving data transfer speeds of up to 3.5 Mbps.
The G150, which Gulfstream touts as the first wide-cabin, long-range, midsize business jet, rolled out January 18 in Tel Aviv in front of hundreds of Israel Aircraft Industries employees, officials from both companies, supplier representatives and certifying authorities.
Deliveries of and orders for Gulfstream business jets increased last year for the first time since 2001, when the company shipped 101 jets. In its newly released financial and earnings report for last year, General Dynamics, Gulfstream’s parent company, said the OEM delivered 78 green Gulfstreams last year versus 74 in 2003.
Gulfstream delivered 113 green jets last year, 27 percent more than the 89 shipped in 2005 and exceeding by 12 the previous record of 101 deliveries set in 2001. Orders also increased by about 27 percent. According to year-end figures released yesterday by Gulfstream parent General Dynamics (GD), Gulfstream last year took orders for 159 aircraft compared to 124 in 2005.
Gulfstream’s Savannah Service Center has received approval from the Hong Kong Civil Aviation Department to perform maintenance on aircraft registered in Hong Kong. With the HKAR-145 certificate, the Gulfstream Savannah Service Center has the authority to work on Gulfstream G200s, G450s and G550s registered in Hong Kong. Currently, there are six Gulfstreams registered in Hong Kong–three G200s, one G450 and two G550s.