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May 29, 2015 4:22 PM ET

Aerospace and Defense

Company Overview of Gulfstream Aerospace Corporation

Company Overview

Gulfstream Aerospace Corporation designs, manufactures, sells, and supports jet aircraft for businesses and governments. The company was formerly known as Gulfstream American Corp and changed its name to Gulfstream Aerospace Corporation in November 1982. Gulfstream Aerospace Corporation was founded in 1958 and is based in Savannah, Georgia. It has additional locations in Brunswick, Georgia; Appleton, Wisconsin; Dallas, Texas; Long Beach and Lincoln, California; Las Vegas, Nevada; West Palm Beach, Florida; Westfield, Massachusetts; Luton, United Kingdom; and Mexicali, Mexico. It also has support locations in Chievres, Belgium; Clinton, Maryland; Honolulu, Hawaii; and Tampa, Florida. As of Jul...

500 Gulfstream Road

Savannah, GA 31408

United States

Founded in 1958

5,800 Employees

Phone:

912-965-3000

Fax:

912-395-8222

Key Executives for Gulfstream Aerospace Corporation

President
Age: 62
Chief Financial Officer
Age: 55
Senior Vice President of Operations
Chairman of General Dynamics and Chief Executive Officer of General Dynamics
Age: 71
President of Product Support
Compensation as of Fiscal Year 2014.

Gulfstream Aerospace Corporation Key Developments

Gulfstream Aerospace Corporation Appoints Cobi Lane as General Manager of Its Service Center in Las Vegas

Gulfstream Aerospace Corporation announced the appointment of Cobi Lane as general manager of its service center in Las Vegas. In his new role, Lane oversees all aspects of Gulfstream Las Vegas, a maintenance, repair and overhaul facility for all Gulfstream aircraft. For the past two years, Lane was a senior operations manager at the nearly 700,000-sf/65,032-sm Gulfstream Savannah Service Center. In that position, his duties included maintenance package management, aircraft scheduling, safety standards enforcement and customer communications.

Qatar Executive Agrees to Purchase Up to 30 Gulfstream Aircraft as Part of Memorandum of Understanding

Gulfstream Aerospace Corp. announced that Qatar Executive has agreed to purchase up to 30 Gulfstream aircraft as part of a Memorandum of Understanding originally announced in October of last year. The original sale called for Qatar Executive to purchase up to 20 Gulfstream aircraft, including the all-new Gulfstream G500. The recently signed final agreement increases the purchase to 30 firm orders and options that are a combination of both of Gulfstream's new clean-sheet, wide-cabin aircraft, the G500 and G600, and the G650ER. The G500 and G600's all-new design optimizes speed, wide-cabin comfort and efficiency, and features new safety technologies. The G500 can fly 5,000 nautical miles/9,260 kilometers at Mach 0.85 or 3,800 nm/7,038 km at Mach 0.90. The G600 is capable of traveling 6,200 nm/11,482 km at Mach 0.85 or 4,800 nm/8,890 km at Mach 0.90. The maximum operating speed for both aircraft is Mach 0.925, the same speed as Gulfstream's G650 and G650ER.

Gulfstream Aerospace Corp Completes Gulfstream G500 First Flight

Gulfstream Aerospace Corp. announced that the all-new Gulfstream G500 successfully completed its first flight. The G500 is part of Gulfstream's new family of clean-sheet aircraft, the G500 and G600, and the first of the two to begin flight tests. The G500 took off at 10:39 a.m.May 18 from Savannah-Hilton Head International Airport with Gulfstream experimental test pilots Scott Martin and Kevin Claffy at the controls. Flight Test engineer Bill Osborne provided on-board support. The aircraft climbed to an initial altitude of 10,500 feet/3,200 meters and reached a maximum altitude of 15,000 ft/4,572 m. During the 2-hour-and-16-minute flight, the crew exercised all primary flight control systems; evaluated handling qualities and takeoff and landing configurations; performed a simulated approach and go-around; and checked all systems using the Symmetry™ flight deck touch screen controllers. The aircraft achieved a maximum air speed of 194 knots. It landed back in Savannah at 12:55 p.m. local time. The G500 flight-test program consists of five aircraft, including a fully outfitted production aircraft that will allow the company to test all the interior elements and complete integration of the aircraft systems with the passenger experience. The G500 rolled out under its own power on Oct. 14, 2014, when Gulfstream also revealed a nearly 70-foot/21-meter mockup of the G600. The two new aircraft optimize speed, wide-cabin comfort and efficiency to offer customers best-in-class performance with advanced safety features. The G500 can fly 5,000 nautical miles/9,260 kilometers at Mach 0.85 or 3,800 nm/7,038 km at Mach 0.90. The maximum operating speed for the aircraft is Mach 0.925, the same maximum speed as Gulfstream's G650 and G650ER. The aircraft is powered by the new Pratt & Whitney Canada PW814GA engine, which delivers excellent fuel efficiency, fewer emissions and less engine noise. Pratt & Whitney Canada received certification of the PW800 series engine in February. The G500 and G600 also include Gulfstream's all-new Symmetry™ Flight Deck, the most advanced, stylish, comfortable and intuitive flight deck in business aviation. The cutting-edge technology comes in the form of active control sidesticks, integrated touch screen controllers, next-generation enhanced vision system, and Honeywell Primus Epic avionics. In addition to the revolutionary Symmetry Flight Deck, the G500 and G600 cabins maximize passenger comfort and aircraft performance and can carry up to 19 passengers. The optimized wide cabin also features cabin altitude of 4,850 ft/1,478 m at FL510 and 100% fresh air that boosts mental alertness and productivity while reducing fatigue. The G500 is expected to receive type certification from the U.S. Federal Aviation Administration and European Aviation Safety Agency in 2017. It is slated to enter service in 2018.

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