Israel Aerospace Industries (IAI) hopes that new export orders, such as a $50 million deal to supply unmanned aerial vehicles (UAVs) to Russia, will bolster sales that dipped by 24 percent during the first quarter of 2009.
Israel Aerospace Industries
Gulfstream Aerospace at the NBAA Convention last month took the wraps off the G250, a successor to the G200 (née Galaxy), marking the second new aircraft launch this year for the Savannah, Ga.-based manufacturer. The $24 million derivative is expected to address several shortcomings of Gulfstream’s super-midsize business jet offering, including runway performance, range and the lack of a hot-wing de-icing system.
Gulfstream Aerospace (Booth No. 275) yesterday morning unveiled the G250 to succeed the G200, which entered service in 2000 as the Galaxy super-midsize business jet. This marks the second new aircraft launch this year for the Savannah, Ga. manufacturer following the official go-ahead for the large-cabin G650 in March. The company began accepting orders here at NBAA for the roughly $24 million (complete) airplane.
The idea for what is now known as the ProJet started four years ago during a conversation between Carey Robinson Wolchok, then a principal at private equity group Aero-Equity, and Israel Aircraft Industries founder Al Schwimmer. That conversation was obviously influenced by the then recently announced Eclipse 500 very light jet, and a relationship was born.
The very light jet segment got a bit more crowded early last month when Westport, Conn.-based startup Avocet Aircraft and Israel Aircraft Industries publicly announced a partnership to develop a six- to eight-seat (including pilot) twinjet.
IAI’s Gulfstream G550-based conformal airborne early warning & control (CAEW) aircraft is making its world debut here at Farnborough. The aircraft has flown with the Israel Air and Space Force only since February, and its appearance here was not confirmed until a few days before the show.
IAI’s Conformal Airborne Early Warning aircraft, top right, arrives at Farnborough for its first public appearance. Underneath all the bulges and fairings lurks a Gulfstream G550 bizjet airframe, which has been heavily modified to carry the conformal arrays for the Elta EL/M-2085 airborne early warning radar.
The 200th Gulfstream G200 rolled out June 4 at Israel Aerospace Industries’ (IAI) manufacturing plant at Ben Gurion International Airport in Tel Aviv. “This is a historic moment for Gulfstream and IAI,” said Gulfstream Aerospace president Joe Lombardo.
Jet Aviation’s facility at Hannover, Germany, has been made an FAA repair station for the Gulfstream 100 and 200 jets, as well as the Westwind series. This allows it to handle scheduled and unscheduled maintenance, airframe and engine repairs, avionics modifications, inspections and defect rectifications for the former Galaxy/Israel Aircraft Industries models.
Gulfstream Aerospace has announced it is extending the same benefits package to previously owned Gulfstream 100 and Gulfstream 200 jets that it has traditionally offered on the sale of other previously owned Gulfstream business jets. Gulfstream Aerospace acquired the type certificates for the G100 and G200–midsize and super-midsize bizjets, respectively–in the June acquisition of Galaxy Aerospace by parent company General Dynamics.