News Release
GULFSTREAM AIRCRAFT SERVICES TO FURTHER IMPROVE WORLDWIDE PARTS SUPPORT SYSTEM
Savannah, GA., Dec. 6, 2001 - Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), has entered into an agreement with Memphis, Tenn.-based Aerospace Products International (API) which calls for API to conduct a detailed assessment of the company's worldwide parts logistic system and to make any recommendations for required improvements.
Gulfstream evaluates its spare parts inventory levels and fulfillment processes on an ongoing basis to keep ahead of its rapidly growing worldwide fleet. For the past two years, Gulfstream has been rated number one in product support by Professional Pilot Magazine.
"We are continually seeking ways to even further improve our response times to our customers around the world," said Larry Flynn, Gulfstream senior vice president, Aircraft Services. "We have retained API to help in this process. We are confident the results of this effort will benefit our owners and operators worldwide," he added.
API, a major distributor of aircraft parts, offers a wide array of integrated logistics solutions exclusively focused in aftermarket support activities. API President Jerry Schlesinger said, " We are delighted to be associated with a company such as Gulfstream, whose world-wide reputation for quality products and services has become a bench mark for the aviation industry."
NOTE TO EDITOR
Gulfstream Aerospace Corporation, designs, develops, manufactures, markets and services the world's most technologically advanced intercontinental business jet aircraft. Gulfstream 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 100®, Gulfstream 200®, Gulfstream IV-SP®, the ultra-long range Gulfstream V® and Gulfstream V-SP®, 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 8,750 people at eight locations. More information and photos are available at www.gulfstream.com
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 52,000 people and anticipates 2001 sales of approximately $12 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems. More information about the company can be found at www.generaldynamics.com.
