A “backlog clean-up” during the second quarter resulted in Gulfstream purging its backlog by $300 million in firm orders and $900 million in options from “fractional aircraft operators,” parent company General Dynamics revealed today during its quarterly investor call. Flexjet, the only known fractional customer for Gulfstreams, declined comment to AIN.

Despite this $1.2 billion reduction, funded backlog at General Dynamics’ aerospace division, which also includes Jet Aviation, ended the quarter at $18.8 billion. That was up 6.6 percent quarter-over-quarter and 38.9 percent higher than a year ago. But the company’s unfunded backlog, which includes order options, fell by nearly $1 billion from the first quarter, to $877 million.

The company’s aerospace division recorded a book-to-bill ratio of 2:1 in the quarter, with Gulfstream seeing a higher 2.2:1 ratio. Aerospace revenues in the quarter climbed by 15.1 percent year-over-year to $1.867 billion, while earnings rose 22.1 percent, to $238 million. Aircraft services sales were particularly strong in the three-month period, rising 35 percent year-over-year, and prompting General Dynamics to increase its aerospace revenue forecast for the year by $200 million, to $8.6 billion.