Gulfstream Aerospace executives reported strong sales year to date even in the face of “irrational behavior” on the part of unspecified competitors, according to Scott Neal, Gulfstream senior vice president of global sales and marketing. The company was the star performer in third quarter results by its General Dynamics parent on October 31, generating its highest ever quarterly revenue figures and notching its fifth consecutive quarterly profit exceeding $400 million. As of the end of the third quarter, Gulfstream had delivered 116 business aircraft so far in 2015, including 89 large cabin models and 27 midsized jets.
Here at NBAA 2015, Gulfstream announced a variety of capital improvements designed to enhance its customer support. They included additional maintenance hangars in Brunswick, Ga. and Long Beach, Calif.; a new product distribution center in Savannah; a new product support paint facility in Savannah; the addition of MRO services at Jet Aviation in Teterboro; the addition of rapid response support vehicles in Seattle, Chicago, and Washington, D.C.; and more than $1.6 billion in parts worldwide.
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