As profits jump, Gulfstream prepares to hike deliveries, tac

As profits jump, Gulfstream prepares to hike deliveries, tackle G700 certification difficulties


By Jon Hemmerdinger2021-07-28T22:06:00+01:00
After earning a $195 million profit in the second quarter, General Dynamics’ aerospace division – which is anchored by business jet maker Gulfstream – is preparing to boost deliveries in the second half of the year in response to improving demand.
The company is also working through a G700 certification programme that chief executive Phebe Novakovic describes as “difficult”, though she insists Gulfstream’s large-cabin flagship jet remains on track for service entry in the fourth quarter of 2022.
Source: Gulfstream
The G700’s certification challenges centre on its Rolls-Royce Pearl 700s powerplants, she says during General Dynamics’ second-quarter earnings call on 28 July.

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