Sales of two newly-certified aircraft helped boost revenues at Savannah-based luxury jet manufacturer Gulfstream Aerospace. The firm's corporate parent, Viginia-based General Dynamics, announced on Wednesday that its aerospace group sales were $1.8 billion in the third quarter, up 30% from the same period a year ago.
Gulfstream Aerospace has announced a major new expansion that will create more than 1,000 new jobs. A seven-year, $500 million plan represents a bright spot in Georgia's recession-wracked economy. Company officials say, many of the jobs will be at its Savannah headquarters in areas like production engineering and technical support staff.