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Deliveries Down, but Sales Climb at Gulfstream
Revenues at General Dynamics’ aerospace division, which includes Gulfstream and Jet Aviation, fell $432 million year-over-year, to $3.72 billion in 1H18.
The G650/650ER "led the way" for increased business jet sales at Gulfstream during the second quarter, said Phebe Novakovic, chairman and CEO at parent company General Dynamics. Aerospace backlog rose by $300 million during the quarter, to $12.2 billion. (Photo: Gulfstream Aerospace)
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By
Chad Trautvetter
• Online Editor
July 25, 2018