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Five Ways 9/11 Changed the Defense Industry

Five Ways 9/11 Changed the Defense Industry
defenseone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from defenseone.com Daily Mail and Mail on Sunday newspapers.

Five Ways 9/11 Changed the Defense Industry

Five Ways 9/11 Changed the Defense Industry
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Get Paid While You Wait: 3 Top Dividend Stocks in Aerospace and Defense

As profits jump, Gulfstream prepares to hike deliveries, tackle G700 certification difficulties

By Jon Hemmerdinger2021-07-28T22:06:00+01:00 After earning a $195 million profit in the second quarter, General Dynamics’ aerospace division – which is anchored by business jet maker Gulfstream – is preparing to boost deliveries in the second half of the year in response to improving demand. The company is also working through a G700 certification programme that chief executive Phebe Novakovic describes as “difficult”, though she insists Gulfstream’s large-cabin flagship jet remains on track for service entry in the fourth quarter of 2022. Source: Gulfstream The G700’s certification challenges centre on its Rolls-Royce Pearl 700s powerplants, she says during General Dynamics’ second-quarter earnings call on 28 July.

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