News Release
GULFSTREAM EXPANDS SPARE-PARTS SUBSCRIPTION SERVICE
BudgetPlus™ Now Available To All Mid-Cabin Owners, Operators
SAVANNAH, Ga., November 16, 2008 –Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), recently launched BudgetPlus, a spare-parts subscription service that offers mid-cabin Gulfstream owners and operators a way to manage their annual maintenance costs. The launch formalizes a pilot program Gulfstream introduced in 2005.
BudgetPlus is a cost-assured parts provision program for owners and operators of Gulfstream G200, G150, G100 and Astra aircraft. For a flat hourly fee, Gulfstream provides program participants with exchange and consumable parts as needed. Fees are based on the age of the aircraft and are charged on a monthly basis, with a required minimum of 300 hours per year.
“Working in concert with the industry-leading Gulfstream Product Support network, BudgetPlus offers mid-cabin operators convenience, consistency and control over their maintenance costs,” said Mark Burns, president, Product Support, Gulfstream. “This program simplifies the maintenance process for the people our owners and operators entrust to service their Gulfstream aircraft.”
Gulfstream operates service centers in London, England; Long Beach, Calif.;
Dallas; Appleton, Wis.; Brunswick, Ga.; and Savannah, Ga. All of them provide
comprehensive product support, including maintenance, inspections, testing,
refurbishment and system and component installations for Gulfstream business-jet
aircraft.
Gulfstream also manages General Dynamics Aviation Services service centers
in Las Vegas; Dallas; Minneapolis; Appleton, Wis.; Westfield, Mass.; and West
Palm Beach, Fla. These facilities provide product support for Challenger,
Citation, Falcon, Gulfstream, Hawker and Westwind business-jet aircraft.
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 1,800 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 new large-cabin, mid-range Gulfstream G250®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range G450®; the large-cabin, ultra-long-range Gulfstream G500®; the large-cabin, ultra-long-range Gulfstream G550® and the ultra-large-cabin, ultra-long-range G650®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,700 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 91,200 people worldwide. 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 General Dynamics is available online at www.gd.com.
