Deliveries Down, but Sales Climb at Gulfstream
Revenues at General Dynamics’ aerospace division, which includes Gulfstream and Jet Aviation, fell $432 million year-over-year, to $3.72 billion in 1H18.
The G650/650ER "led the way" for increased business jet sales at Gulfstream during the second quarter, said Phebe Novakovic, chairman and CEO at parent company General Dynamics. Aerospace backlog rose by $300 million during the quarter, to $12.2 billion. (Photo: Gulfstream Aerospace)
The G650/650ER "led the way" for increased business jet sales at Gulfstream during the second quarter, said Phebe Novakovic, chairman and CEO at parent company General Dynamics. Aerospace backlog rose by $300 million during the quarter, to $12.2 billion. (Photo: Gulfstream Aerospace)

Gulfstream Aerospace deliveries fell 13.3 percent in both the second quarter and the first half of this year, according to parent company General Dynamics’ second-quarter results released today. During the quarter, the company handed over 26 business jets (18 large cabin, eight midsize), compared with 30 (23 large, seven midsize) last year. First-half deliveries totaled 52 (37 large, 15 midsize), versus 60 (46 large, 14 midsize) in the same period last year.