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GULFSTREAM BREAKS GROUND FOR NEW MANUFACTURING BUILDING IN SAVANNAH
New Building to Be Erected 40 Years After Gulfstream Began Operations at Its Savannah Headquarters
SAVANNAH , Ga. , April 06, 2007 – Gulfstream Aerospace recently broke ground for a new business-jet manufacturing building at its headquarters in Savannah – 40 years after the company began operations at the site.
“This is the first real addition to our manufacturing facility since bringing GII production here in 1967,”
said Bryan Moss, president, Gulfstream. “Forty years and more than a thousand planes later, we've
maximized every inch of this plant and
it's now time to expand.”
The new 306,104 square-foot manufacturing building is in addition to approximately 400,000 square feet of existing manufacturing space where Gulfstream expects to manufacture some 80 large-cabin business jets in 2007. Located on the company's main site, south of the current Gulfstream Service Center , the new manufacturing building will include 237,827 square feet of assembly and paint areas and another 68,277 square feet of offices, shops and a medical room.Additional manufacturing will take place in the existing 209,000 square-foot Service Center following completion of a newer and larger Gulfstream Service and Support Center that will be located on approximately 77 acres of land leased by Gulfstream at the southwest quadrant of the Savannah-Hilton Head International Airport . The first phase of the new service center construction is to be completed this summer, while the second phase is scheduled for completion in late 2009.
NOTE TO EDITORS
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 7,900 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 81,000 people worldwide and had 2006 revenues of $24.1 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company is available online at www.generaldynamics.com.
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.