Gulfstream Jet Deliveries Find Bottom in 2016 | Aviation International News

Gulfstream Jet Deliveries Find Bottom in 2016

This year is expected to be mostly flat, with moderate growth in 2018 and 2019 and a “significant” rise in 2020.

By Chad Trautvetter • Online Editor

January 30, 2017

Revenues at General Dynamics’s aerospace division, which includes Jet Aviation and Gulfstream Aerospace, fell 5.5 percent last year, to $8.362 billion, but earnings increased to $1.718 billion, up 0.7 percent from 2015. According to General Dynamics CFO Jason Aiken, revenues and earnings at the division are expected to climb at a compound annual growth rate of 5.3 percent and 5.8 percent, respectively, from now until 2021. This year is expected to be mostly flat, he said, with moderate growth in 2018 and 2019 and a “significant” rise in 2020.

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