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.”
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Tag: Gulfstream Aerospace
Gulfstream Aerospace to Expand Appleton Site
Aviation International News reports that Gulfstream Aerospace “plans to hire for more than 200 positions and invest $55 million in expanding its Appleton, Wisconsin site because of increased customer demand and its growing fleet of super-midsize and large-cabin jets.” The Appleton expansion “involves the construction of a 73,000-sq-ft (6,782-sq-m) paint facility using a paint booth design developed by the airframer and Wisconsin-based paint booth manufacturer Global Finishing Solutions. When operational, the facility will have the capability to paint up to 48 aircraft a year and enable the Appleton site to offer entire aircraft completions. It is expected to open in the third quarter of 2023.”
Full Story (Aviation International News)