Gulfstream C-37A Ordered by U.S. Coast Guard
Special Mission Gulfstream V Will Be Used For Transport/Command and Control Operations
U.S. Coast Guard Has Flown Gulfstream Aircraft For 37 Years
SAVANNAH, Ga. – Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), will deliver a C-37A (a Gulfstream V) to the U.S. Coast Guard in the second quarter of 2002; the order was received in Dec. 2000. The aircraft will be used for domestic and international transportation and command and control operations.
"With this order, Gulfstream is proud to extend its long relationship with the U.S. Coast Guard," said Monroe "Buddy" Sams, Gulfstream’s senior vice president, government sales and marketing. "The Gulfstream V will provide the Coast Guard with a new level of outstanding mission performance and reliability."
The U.S. Coast Guard has been operating Gulfstream aircraft since 1963 when it purchased a Gulfstream I. The aircraft, designated VC-4A, remains in service. The Coast Guard also flies a C-20B, a Gulfstream III, which will be replaced by the new Gulfstream V.
Gulfstream Vs operated by the U.S. armed forces are designated C-37As. Last October, the U.S. Air Force ordered five C-37As as part of a $477 million lease and service support agreement. The U.S. government has ordered a total of 12 C-37As.
In addition to the Gulfstream Vs, the U.S. government also operates an extensive fleet of Gulfstream III and Gulfstream IV aircraft in a variety of executive transport and special mission roles.
Gulfstream designs, develops, manufactures and markets the world’s most technologically advanced intercontinental business jet aircraft. The company has produced more than 1,200 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 Lease®, Gulfstream Pre-Owned Aircraft Sales®, Gulfstream Charter Services®, Gulfstream Management Services® and Gulfstream ServiceCare®. The company employs more than 8,200 people at eight locations.
General Dynamics, 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 44,000 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 - Tuesday, January 23, 2001
Press Contact: (912) 965-7372
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