Gulfstream revenues skyrocket 50% in 2Qnews Fayaz Hussain 30 Jul 24 0General Dynamics reported a significant boost in its aerospace segment (Gulfstream) during the second quarter of 2024. Revenue surged 50.5% year-over-year to $2.9bn, up from… Read more
General Dynamics Aerospace revenues jump 10%YoYnews Fayaz Hussain 24 Apr 24 0General Dynamics reported financial results for first quarter of 2024 wherein it reported revenue from its aerospace segment at $2.1bn, up 10% year-over-year from $1.9bn… Read more
General Dynamics aerospace revenues soar to $2.7bnnews Fayaz Hussain 24 Jan 24 0General Dynamics reported fourth quarter results wherein the company reported aerospace revenues of $2.7bn, up 12% year-on-year from $2.4bn. Business jet deliveries made by the… Read more
Jeremie Caillet new head at Jet Aviation, Paddock moving to tanksnews Alasdair Whyte 10 Jan 24 0Jeremie Caillet will replace David Paddock as president of Jet Aviation in April. Paddock is moving within General Dynamics to become president of General Dynamics… Read more
General Dynamics reports $3.04 EPS for Q3news Fayaz Hussain 25 Oct 23 0General Dynamics reported earnings per share of $3.04 for the third quarter (Q3), as the company’s top line jumped 6% year-on-year to $10.57bn supported by… Read more
New jet demand still outstripping supplyopinion Alasdair Whyte 31 Jul 23 0Do you want the good news or the bad news from the second-quarter manufacturer results? The bad news is that building aircraft is still hard… Read more
Gulfstream forecasts fall in 2023 aircraft deliveriesnews Mike Stones 27 Jul 23 0Gulfstream Aerospace will deliver five or six fewer aircraft this year compared with the 145 jets predicted in January 2023, according to Phebe Novakovic, chairman… Read more
Gulfstream deliveries drop in Q1 due to supply chainnews CJI Expert 27 Apr 23 0Gulfstream’s deliveries dropped in the first quarter (Q1) of this year to 21 aircraft delivered, compared with the 25 jets it delivered in Q1 2022.… Read more
The business aircraft operator M&A boom is overopinion Alasdair Whyte 12 Mar 23 0The past few years have not only been a sellers’ market for aircraft owners, they have also been a great time to sell aircraft operators.… Read more
Dear Prudenceopinion Alasdair Whyte 24 Feb 23 0Two aircraft. That is the total rise in business jet deliveries last year compared with 2020. During the strongest demand for aircraft in 15 years,… Read more
Backlog to the futureopinion Alasdair Whyte 30 Jan 23 0A lot of people are waiting for signs the market is turning. But Gulfstream and Textron Aviation – whose parent companies General Dynamics and Textron… Read more
“Robust demand” at Gulfstreamnews Yves Le Marquand 27 Jan 23 0Gulfstream parent General Dynamics reported quarterly net earnings of $992m, up 4.2% from the same quarter in 2021, which came in at $3.58 diluted earnings… Read more
Bizjet analysis: The rise of the aftermarketnews CJI Expert 24 Nov 22 0The aftermarket is becoming a major source of income for aircraft manufacturers now accounting for up to a third of sales in some companies, according… Read more
Wall Street v FBO Driveopinion Alasdair Whyte 31 Oct 22 0Investors often worry about a disconnect between Main Street and Wall Street. Stocks on exchanges rising when the real economy is struggling or vice versa.… Read more
General Dynamics Q3: Revenues up, cash flow down, orders stay strongnews Yves Le Marquand 26 Oct 22 0General Dynamics (GD), Gulfstream’s parent, has posted a solid third quarter (Q3) including an aerospace book-to-bill ratio of 1.15 to 1. The firm reported revenues… Read more
GD’s aerospace revenues climb despite lower Gulfstream deliveriesnews Yves Le Marquand 28 Apr 22 0Revenues and earnings at General Dynamics ’(GD’s) aerospace unit (Gulfstream Aerospace and Jet Aviation) climbed in the first quarter of 2022, despite Gulfstream delivering three… Read more
Gulfstream to increase production after ‘red hot’ Q4news Yves Le Marquand 2 Feb 22 0Gulfstream is “ready to increase” aircraft production following a “red hot” fourth quarter (Q4) 2021, according to General Dynamics, chairman and CEO, Phebe Novakovic. “The… Read more
Gulfstream reports six year high on aircraft ordersnews Yves Le Marquand 28 Oct 21 0Gulfstream’s aircraft backlog is the highest it’s been for six years in the third quarter (Q3) of 2021, according to CEO, Phebe Novakovic. The Savannah-based… Read more
Q3 Results: General Dynamics backlog up 21% at over $80bnnews Yves Le Marquand 28 Oct 20 0General Dynamics (GD) has posted Q3 2020 net earnings of $834m and revenue of $9.4bn. Whilst the firm’s total backlog at the end of the… Read more
Novakovic confirms $1 billion Gulfstream order has been bookednews CJI Expert 24 Apr 19 0During its year-end investor relations call, Gulfstream’s parent company General Dynamics said that it was in the final stages of negotiating on a $1 billion… Read more
