General Dynamics Soars on Wings of Gulfstream
Gulfstream delivered 39 completed aircraft during the first quarter, a 34.5-percent increase from a year ago.
Gulfstream Aerospace delivered 39 completed aircraft–including 33 large-cabin and six midsize jets–in the first quarter, a nearly 35-percent increase year-over-year. It also reported that sales of its legacy G450 and G550 “held up nicely” and accounted for 60 percent of total sales in the quarter. (Photo: Gulfstream Aerospace)
Gulfstream Aerospace delivered 39 completed aircraft–including 33 large-cabin and six midsize jets–in the first quarter, a nearly 35-percent increase year-over-year. It also reported that sales of its legacy G450 and G550 “held up nicely” and accounted for 60 percent of total sales in the quarter. (Photo: Gulfstream Aerospace)

General Dynamics’s aerospace division, which includes Gulfstream Aerospace and Jet Aviation, saw first-quarter revenues climb 19.5 percent year-over-year, to $2.125 billion, while profits soared 30.3 percent, to $404 million, from the same period last year.