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SAVANNAH, Ga., March 13, 2008 – –Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), today announced the introduction of an all-new business jet: the Gulfstream G650. With its ultra-large cabin and ultra-long range, the G650 establishes a new price and performance point for business-jet aircraft.
The G650 offers the longest range, fastest speed, largest cabin and the most-advanced cockpit in the Gulfstream fleet. It is capable of traveling 7,000 nautical miles at 0.85 Mach or 5,000 nautical miles at 0.90 Mach. Using an advanced aerodynamic design, the G650 has a maximum operating speed of 0.925 Mach, which will make it the fastest civil aircraft flying. It can climb to a maximum altitude of 51,000 feet, allowing it to avoid airline-traffic congestion and adverse weather.
Gulfstream expects to begin G650 customer deliveries in 2012. Based on the aircraft development schedule, the company projects it will receive Federal Aviation Administration (FAA) Type Certification and validation by the European Aviation Safety Authority (EASA) in 2011. First flight of the aircraft is scheduled for the second half of 2009.
Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world’s most technologically advanced business-jet aircraft. Gulfstream has produced some 1,600 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the wide-cabin, high-speed Gulfstream G150®; the large-cabin, mid-range Gulfstream G200®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range G450®; the large-cabin, ultra-long-range Gulfstream G500® and the large-cabin, ultra-long-range Gulfstream G550®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,100 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.
General Dynamics, headquartered in Falls Church, Va., employs approximately 83,500 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.
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