Gulfstream Opens Sales Design Center in California
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According to IADA’s newly published market report, the demand for business jets will continue to increase in 2022.
As the second most popular OEM in the Asia Pacific, (based on Asian Sky Group’s 2020 Business Jet Fleet Report), the parent company of Gulfstream – General Dynamics – has decided to expand its production of wing manufacturing in Savannah, Georgia to keep up with the strongest order it has for more than a decade in Q4 2021.
The company is expecting to deliver 123 Gulfstream aircraft this year. The pace of production will increase in 2023 where the manufacturer is expected to deliver 148 aircraft, and 170 aircraft in 2024, said Phebe Novakovic, CEO of General Dynamics.
She stated that the sales pipeline remains robust, and sales activity is brisk, and further added that orders in Q4 2021 were the largest since 2008, which was when the G650 was introduced. By streamlining the wing production, Gulfstream is expecting to increase the book-to-bill ratio from 1.7:1 to 1:1.
As supply-chain limitations will stop Gulfstream from boosting production this year, the company has taken wing production expansion in-house after a supplier was not able to keep up and expand the aviation manufacturing business to fulfill higher demand.
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