Gulfstream Deliveries Lag, but Sales and Service Shine
Revenues and earnings at General Dynamics’ aerospace unit climbed in the first quarter as higher service income more than offset fewer aircraft deliveries.
While General Dynamics’ aerospace unit reports a decrease in aircraft deliveries in the first quarter of this year, higher service income at both Gulfstream and Jet Aviation made up for the aircraft delivery shortfall resulting in a 10.8 percent increase in revenue for the company. (Photo: Gulfstream)