Credit: Gulfstream Aerospace
General Dynamics’ Aerospace segment (Gulfstream) delivered $2.94 billion in revenue in the second quarter (Q2), which is a 51% increase compared to last year. Gulfstream G700 deliveries contributed a large portion of the revenue. However, its 10.9% operating margins were 120 basis points lower than...
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Gulfstream Revenue Jumps, But Margins Off Due To G700 is published in The Weekly of Business Aviation, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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