Savannah , Georgia , United States
|sales||9,760,000,000 US dollars (2019)|
Gulfstream Aerospace (of English stream Gulf , Gulf Stream ') is a fully since 1999 to General Dynamics belonging American aircraft manufacturer of business aircraft based at the airport Savannah / Hilton Head in Savannah in the State of Georgia .
The origins of the company go back to the endeavors of Grumman in the late 1940s to build a prestigious business jet that was to replace the previously used converted bombers and obsolete small airliners. The two -engine military transport aircraft Grumman TF-1 Trader (G.96) was intended as the basis for the development , with its radial engines being replaced by the newly developed Rolls-Royce Dart RDa.7 turboprop engine . Interested parties were able to secure an early delivery date from 1956 onwards by paying a deposit of US $ 10,000. In the course of the development work, however, the design, now referred to as Grumman Gulfstream I (G.159), diverged greatly from the original design. In 1958 the first two prototypes flew. A total of 211 copies of this type were produced up to 1969, including some military training aircraft.
The success of this program allowed Grumman to develop its first jet-powered business jet, the Grumman Gulfstream II (G.1159), which first flew in 1966 and soon established itself as the fastest business jet . In March 1975, she set an official speed record with an average speed of 729.6 km / h. 258 GII were produced by 1980.
In the course of a corporate restructuring carried out in 1969, Grumman sought to outsource the manufacture and sale of the Gulfstream to its own subsidiary. After acquiring the American Aviation Corporation , which built light aircraft such as the AA-1 Lynx and AA-5 Tiger, the Grumman American Aviation Corporation was founded in 1972 . With the Gulfstream III, Grumman then built a completely redesigned aircraft. The new wings with supercritical profile and the newly introduced winglets were of particular importance . As a result of a general market slump in the mid-1970s and the high expected base price for the new aircraft, Grumman American had to announce the discontinuation of development work in 1977.
Since 40 customers had already paid a deposit for the GIII, the design was revised in such a way that the GII structure was retained, but equipped with winglets and the cabin was lengthened by 61 cm. In July 1978 Allen Paulson , the owner of American Jet Industries, took over the majority of the shares in Grumman American Aviation. The new company traded under the name Gulfstream American Corporation , based in Savannah, Georgia. Grumman continued developing the GIII for a while in collaboration with the new company in order to secure a share in the first 200 series machines. Numerous speed and distance records were achieved with the GIII. Paulson also bought the aviation division of Rockwell International in 1982 and merged it with Gulfstream American to form Gulfstream Aerospace .
In early 1983, Gulfstream American went public to fund the new GIV. The main reason for the development of the GIV was the imminent introduction of strict international environmental regulations that the Spey engine previously used could not meet. Rolls-Royce offered replacement with the further developed Tay Mk.611-8 ducted power units. In September 1985 the first GIV had its maiden flight.
Paulson formed Gulfstream Aerospace into the world's leading manufacturer of private jets. In June 1985, he sold the company to Chrysler Corporation for $ 637 million, only to buy it back in 1990 with the support of New York private equity firm Forstmann Little & Company . At the Farnborough Air Show in 1992, Gulfstream announced the development of the new GV long-haul jet , which was delivered to its first customers in 1997.
In 2015 the company was able to sell 112 aircraft of the types G450, G550 and G650, plus 35 of the types G150 and G280. Revenue rose 2.3% year over year to $ 8.85 billion and profit was $ 1.71 billion, up 6% from 2014.
The President of Gulfstream Aerospace since July 2015 is Mark Burns, who is also Vice President of the parent company General Dynamics.
Current aircraft types
Gulfstream currently (2019) offers six models:
- G280 , based on the IAI Galaxy
- Gulfstream G550 , GV-SP was renamed in 2002
- Gulfstream G500 , was introduced in 2014
- G600 , slightly enlarged version of the G500
- G650ER , ultra long range version of the G650
- G700 (A full-scale dummy was presented in October 2019. The first flight was on February 14, 2020.)
- The Gulfstream story (civil aviation) . In: Aircraft – The new encyclopedia of aviation, 1996, issue 191, pp. 5321-5327.
- Site of Gulfstream Aerospace (English)
- Mark Burns President, Gulfstream Aerospace Corp. and a Vice President of General Dynamics. In: Gulfstream Aerospace. August 10, 2018, accessed August 10, 2018 .
- UPDATE 2-General Dynamics profit rises 7.3% on higher Gulfstream deliveries , accessed February 16, 2020
- Kate Sarsfield: Gulfstream calls time on struggling G150. In: Flightglobal.com. September 28, 2016, accessed September 28, 2016 .
- Kate Sarsfield: G650 demand boosts Gulfstream's performance in 2015. In: Flightglobal.com. January 28, 2016, accessed on January 28, 2016 (English): "Revenues for the 12 month period climbed 2.3% to $ 8.85 billion and operating earnings rose by nearly 6% to $ 1.71 billion."
- Patrick Holland-Moritz: First flight of the Gulfstream G700. In: Aerokurier . February 15, 2020, accessed February 16, 2020 .