Sales, Deliveries, Revenues Soar at Gulfstream | Aviation International News

Sales, Deliveries, Revenues Soar at Gulfstream

Fourth-quarter sales soared 54 percent year-over-year at Gulfstream Aerospace, resulting in the second-best quarter ever.

Gulfstream delivered four more midsize jets in 2019 than in 2018. (Photo: Gulfstream Aerospace)

By Chad Trautvetter • Online Editor

January 29, 2020

Fourth-quarter sales soared 54 percent year-over-year at Gulfstream Aerospace, resulting in the second-best quarter ever and the highest one in 10 years, parent company General Dynamics reported this morning. Book-to-bill was 1.7:1 in the final quarter and 1.2:1 for the whole year, according to General Dynamics chairman and CEO Phebe Novakovic. Gulfstream demand was healthy across all of its product lines and by world regions, she said, pointing out that order activity rose in “Asia, the Middle East, and, particularly, Europe.”

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