Gulfstream Aerospace president Bryan Moss has dismissed the company’s long-discussed “Quiet Supersonic Jet” (QSJ). At a press conference at EBACE earlier this month, he asked, “Will Gulfstream build a supersonic business jet? Read my lips: No!” He said the company is devoting its research efforts in this field to two issues: rule changes that would allow supersonic flight over land and sonic-boom suppression.
Apparently the new and expanded manufacturing facilities currently under construction at Gulfstream's Savannah, Ga. headquarters won't immediately provide needed capacity to increase production of current models. Speaking at yesterday's conference call to the financial community, Nicholas Chabraja, chairman and CEO of Gulfstream parent company General Dynamics, said, "We will have a new factory in place at the end of 2008.
Gulfstream delivered 83 business jets in the first nine months of this year versus 65 in the same period last year, according to figures released today by parent company General Dynamics.
Gulfstream delivered 54 business jets in the first half of this year versus 41 in the first half of last year, according to figures released yesterday by parent company General Dynamics.
After a whole lot of fanfare two years ago, when the Aerion and Supersonic Aerospace International (SAI) quiet supersonic business jet (SSBJ) concepts were first announced at the 2004 NBAA Convention, work continues on the development of these and other supersonic business jet designs, albeit more quietly.
Reporting on first-quarter results, General Dynamics (GD) singled out Gulfstream for “superb performance.” According to GD chairman and CEO Nicholas Chabraja, the Savannah, Ga.-based OEM had significant growth in virtually every segment: sales, deliveries, earnings, revenue, margins and backlog. “I think our disciplined approach to cost controls and productivity continues to pay extraordinary dividends,” Chabraja said.
All six General Dynamics Service Centers have joined General Electric’s CF34 service center network. General Dynamics service facilities are located in Las Vegas; Minneapolis; Dallas; Appleton, Wis.; Westfield, Mass.; and West Palm Beach, Fla. The CF34 powers Challengers.
Factory product support for Gulfstream IIs and GIIIs will move out from beneath the wing of Gulfstream service centers and find itself under the umbrella of Delaware-based General Dynamics Aviation Services (GDAS) on January 1. General Dynamics is the parent company of Savannah, Ga.-based Gulfstream.
The board of directors of General Dynamics elected Raynor Reavis, Gulfstream Aerospace senior v-p of marketing and sales, a vice president of the airframer’s parent corporation, which has 23 other v-ps. Reavis, 63, joins four other top executives at Gulfstream Aerospace who are vice presidents at General Dynamics.
The bull is back, or at least it appears to be. After watching business aviation limp along for the past three years, executives at Textron, General Dynamics and Raytheon are now optimistic that the industry is on the rebound.