US business jet manufacturer Gulfstream Aerospace recorded a sharp rise in aircraft sales and deliveries in the third quarter of 2025, as parent company General Dynamics reported robust demand and order momentum across its aerospace division.
Chair and chief executive Phebe Novakovic said Gulfstream had “found its groove” during the period, with business jet sales up 56% and shipments up 39% year-on-year.
The company achieved a book-to-bill ratio of 1.3:1, lifting its aerospace backlog to $20.6 billion — nearly $1 billion higher than the previous quarter.
General Dynamics’ aerospace unit, which includes Gulfstream and aviation services provider Jet Aviation, reported third-quarter revenue of $3.23 billion, a 30% increase year-on-year, while earnings rose 41% to $430 million.
For the first nine months of 2025, the division generated $9.32 billion in revenue and $1.27 billion in profit, representing annual gains of 24% and 44%, respectively.
Novakovic said the strong performance was driven by higher jet deliveries, growth in special-mission aircraft work, and expanding aftermarket services.
During the quarter, 39 aircraft were delivered — including 33 large-cabin jets and six G280 super-midsize jets — up from 28 in the same period last year. Deliveries included 13 G700s and three G800s, two of Gulfstream’s newest long-range models.
In the first nine months of the year, Gulfstream handed over 113 jets (95 large-cabin and 18 G280s), up from 89 a year earlier. The company has now delivered a total of 72 G700s since the model entered service.
The results highlight Gulfstream’s strong recovery and expanding global demand for large-cabin business jets, supported by solid order activity and the continued rollout of its next-generation aircraft family.