Aircraft
Gulfstream Parent Company Chief: What Bizjet Slump?
Gulfstream's order book grew by nearly $1 billion in the second quarter, to $14.02 billion, with book to bill exceeding 1:1.
Gulfstream Aerospace had its best second quarter for sales since 2008, and demand is so strong that it is working to increase production of its flagship G650. (Photo: Gulfstream Aerospace)
Gulfstream Aerospace had its best second quarter for sales since 2008, and demand is so strong that it is working to increase production of its flagship G650. (Photo: Gulfstream Aerospace)

During a second-quarter investor call this morning, General Dynamics chairman and CEO Phebe Novakovic dismissed “speculation” and “rumor intelligence” by competitors of a slumping business jet market—a reference to Bombardier and Dassault, without specifically naming them—noting that subsidiary Gulfstream Aerospace “had its best second quarter [for new aircraft sales] since 2008.” She added that the U.S. economy is very strong, “and, not surprisingly, North American sales dominated the order book in the quarter.”