Gulfstream Flying High at General Dynamics
Gulfstream Aerospace soared last year, with revenue up more than $800 million and earnings up $110 million from 2011. Last year, Gulfstream delivered 121 green aircraft (104 large-cabin and 17 midsize jets) versus 107 (90 large cabin, 17 midsize) in 2011.
Gulfstream Aerospace soared last year, with revenue up more than $800 million and earnings up $110 million from 2011. Last year, Gulfstream delivered 121 green aircraft (104 large-cabin and 17 midsize jets) versus 107 (90 large cabin, 17 midsize) in 2011.

Revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, soared to $6.91 billion last year, up more than $900 million from 2011, thanks in large part to Gulfstream. Profits at the division climbed by $129 million to $858 million. During an investor conference call yesterday, General Dynamics chairman and CEO Phebe Novakovic forecast that the division will see 16-percent sales growth this year.