Gulfstream Deliveries Jump 40% in 3Q | Aviation International News

Gulfstream Deliveries Jump 40% in 3Q

Gulfstream Aerospace, which saw an 11-aircraft leap in Q3 deliveries, is making plans to slow G650 production next year as it ramps up on the G500/G600.

Gulfstream is scaling back production of its G650 in the next few years, but parent GD says orders have been consistent and the newly unveiled G700 is even spurring additional interest. Meanwhile, Gulfstream deliveries increased significantly overall in third-quarter 2019. (Photo: Gulfstream Aerospace)

By Kerry Lynch • Editor, AIN monthly magazine

October 28, 2019

Gulfstream Aerospace delivered 38 aircraft in the third quarter, marking an 11-aircraft leap from a year earlier, but backlog and book-to-bill ebbed as deals pushed into the fourth quarter. The Savannah, Georgia airframer’s gains in deliveries helped propel revenues at General Dynamics’ (GD) Aerospace Group, which includes both Gulfstream and Jet Aviation, to $2.495 billion in the third quarter—a 22.8 percent gain.

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