Coming off strong 2010, Gulfstream is prepared for recovery
General Dynamics Aerospace Group ended 2010 with encouraging numbers that Jay Johnson, chairman and CEO of parent company General Dynamics, believes will c

General Dynamics Aerospace Group ended 2010 with encouraging numbers that Jay Johnson, chairman and CEO of parent company General Dynamics, believes will carry the Savannah-based OEM through 2011.

Speaking at the General Dynamics fourth-quarter 2010 conference call in late January, Johnson described its General Dynamics Aerospace Group, which includes Gulfstream Aerospace and Jet Aviation, as "our primary growth segment." He noted that the group ended 2010 with stronger operating earnings, a strong order book, reduced customer order defaults, backlog growth and a depleted used aircraft inventory.