Travel restrictions due to the COVID-19 pandemic delayed deliveries of business-jet aircraft, which resulted in a $549 million decline in revenue for the Aerospace segment. Nevertheless, the segment’s backlog remains strong, up $1.1 billion, or 9.1%, over the year-ago quarter. Gulfstream, a G...

General Dynamics announced on Friday that the Gulfstream G700 has completed its first flight, demonstrating the program's maturity and officially launching its official flight-test program. The all-new G700 is the industry's most spacious and has the longest range at the fastest speeds. It departed...

General Dynamics (NYSE: GD) announced today that the Gulfstream G500 has received certification from the European Aviation Safety Agency, clearing the way for European Union registrations and customer deliveries. "The G500 has been very well received in Europe," said Gulfstream president Mark Bu...

Business aviation services company Jet Aviation has held a preview for the new hangar at its Teterboro Airport FBO, which is close to being ready for use by tenants. Jet Aviation senior v-p regional operations USA, David Best, showcased the 40,000 sq ft facility to visitors during a sneak previe...

Gulfstream Aerospace parent company General Dynamics has announced its business jet shipments have risen by 25 per cent over the first half of 2019. The increase was driven by large-cabin demand, which saw delivery of 50 jets – up from 37 a year ago – while midsize jet deliveries remained at...

Dave Paddock takes up post as the new president of the Jet Aviation Group on 1 July 2019. He succeeds Rob Smith, who has served in the role since 2014 and leaves to join General Dynamics Marine Systems. With two decades in the industry behind him, Paddock joined Jet Aviation in January 2007, as V...

Gulfstream, the aviation division of parent company, General Dynamics, suffered a 9% decline in revenues in the second quarter of 2018 recently, although the company stated that this is in with the company's positive outlook. General Dynamics suffered a 9% slip in revenues in its Q2 report, the c...