Tag: Bizjet

Gulfstream Aerospace Hits Stride as Bizjet Sales, Deliveries Take Off

Aviation International News reports, “Gulfstream Aerospace found its groove in the third quarter as business jet sales and shipments climbed 56% and 39%, respectively, Phebe Novakovic—chairman and CEO of parent General Dynamics—said this morning during an investor call. “There was robust order momentum at Gulfstream in the quarter,” she said, noting a 1.3:1 book-to-bill that increased aerospace backlog to $20.6 billion, a nearly $1 billion quarter-over-quarter rise.”
Full Story (Aviation International News)