Gulfstream Will Add 1,000 Jobs as Jet Demand Grows

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Gulfstream, the business-jet making unit of General Dynamics Corp., said today it would spend $500 million and add 1,000 jobs in Savannah, Georgia, to meet a growing market for large-cabin aircraft.

The investment, to be spread over seven years, will pay for building plants for large-cabin planes like the G650 along with maintenance capacity for all models, Joe Lombardo, president of Gulfstream, said in a telephone interview. New hires in technology and engineering will be followed by manufacturing and service jobs, Lombardo said.