
Gulfstream Aerospace Delivers First C-37A for U.S. Commander-in-Chief Support Mission
Military Gulfstream V Replaces Older, Less Efficient Aircraft
SAVANNAH, Ga. -- Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), announced today that the United States government has received the first C-37A aircraft for the Department of Defense regional Commander-in-Chief (CINC) support mission. The delivery marks the fourth C-37A to enter U.S. government service. The C-37A is the U.S. military designation for the Gulfstream V – the world’s first ultra-long range business jet.
"We are proud that the Gulfstream V is entering service for another important government role. The aircraft provides extraordinary performance and reliability and represents a major cost savings over the older, less efficient aircraft it is replacing," said Monroe "Buddy" Sams, Gulfstream’s vice president, government sales and marketing. "The CINC C-37A provides a private and efficient working environment for our military leaders traveling to and from worldwide theaters of operation. The aircraft’s comprehensive communication suite also ensures secure and reliable voice and data transmission anywhere in the world."
"The C-37As, which have been in U.S. military service for over a year, are proving to be exceptionally versatile and reliable aircraft for government missions," said Sams. "The aircraft are fully integrated into the Air Force inventory with complete spares and infrastructure support. As advertised they are demonstrating dramatically lower operation and support costs."
The U.S. Air Force has two C-37A aircraft in service, assigned to the 89th Airlift Wing. They are providingfast, safe and reliable worldwide transportation for cabinet members, members of Congress, senior government officials and dignitaries. A third C-37A was purchased by the Air Force and was delivered to the U.S. Army. Two additional C-37As, to be used for counter terrorism and disaster response missions, will be delivered to the U.S. government later this year. The aircraft will be operated by the Air Force for flexible, rapid response capability to federal agencies tasked with reacting to worldwide contingencies.
For more than 35 years of Gulfstream’s 40 year history, the corporation has supplied the most capable and cost-effective business-jet-based special missions aircraft in the world. Gulfstreams are in use by more than 30 world governments and military services.
Gulfstream Aerospace Corporation is the leading designer, developer, manufacturer and marketer of the world’s most technologically advanced intercontinental business jet aircraft. The company has produced approximately 1,150 aircraft for customers around the world since 1958. To meet the aviation needs of its customers, Gulfstream offers a full range of aircraft products and services, including the Gulfstream IV-SP®, the ultra-long range Gulfstream V®, Gulfstream Shares®, Gulfstream Financial Services, Gulfstream LeaseSM, Gulfstream Pre-Owned Aircraft SalesTM , Gulfstream Charter Services®, Gulfstream Management ServicesSM and Gulfstream ServiceCare®. The company employs more than 8,200 people at eight locations.
General Dynamics, which is headquartered in Falls Church, Va., has leading market positions in shipbuilding and marine systems, land and amphibious combat systems, information systems, and business aviation. The corporation employs approximately 43,000 people worldwide and has annualized sales of approximately $10 billion.
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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Monday, February 21, 2000
Press Contact: (703) 876-3190
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