Gulfstream Aerospace Soars as Business Jet Deliveries and Revenues Rise | Aviation International News

Gulfstream Soars as Bizjet Deliveries, Revenues Rise

Company raised 2025 shipment forecast to 150 to 155 aircraft

Gulfstream G700 at EBACE 2023 — Gulfstream G700 © David McIntosh/AIN

By Chad Trautvetter • Online Editor

July 23, 2025

Revenues at General Dynamics’ aerospace division, which includes Gulfstream Aerospace and Jet Aviation, climbed 4.1% year over year to $3.062 billion in the second quarter, while profits soared 26.3%, to $403 million. That was thanks to higher deliveries at Gulfstream—38 aircraft (32 large-cabin jets and six super-midsize G280s) versus 37 (31 large-cabins and six G280s) in the same period last year—and a more favorable mix in the three-month period, with 15 G700s handed over.

In the first six months, Gulfstream shipped 74 jets (62 large-cabins, 12 G280s), compared with 61 (59 large-cabins, nine G280s) in the first half of 2024. General Dynamics chairman and CEO Phebe Novakovic slightly raised Gulfstream forecast deliveries for this year to 150 to 155 aircraft, with G800 shipments expected to start in the current quarter. She added that the first 20 G800s will be handed over to G650 customers. Novakovic said Gulfstream’s current production capacity is 200 aircraft a year.

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Gulfstream G700/G800

Gulfstream

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