Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE: GD), today introduced an all-new family of business jets: the Gulfstream G500 and G600. The two new aircraft optimize speed, wide-cabin comfort and efficiency to offer customers best-in-class performance with advanced safety features.

Gulfstream announced the clean-sheet aircraft before a crowd of approximately 3,000 people. During the event, the first G500 taxied up under its own power, and General Dynamics chairman and CEO Phebe Novakovic revealed a nearly 70-foot/21-meter mockup of the G600.

“Today’s announcement demonstrates the power of General Dynamics’ consistent and disciplined investment in both Gulfstream’s research and development and manufacturing facilities,” said Novakovic. “The effect of that investment is manifest in the two airplanes we announced today.”

The G500 can fly 5,000 nautical miles/9,260 kilometers at Mach 0.85 or 3,800 nm/7,038 km at Mach 0.90. The G600 is capable of traveling 6,200 nm/11,482 km at Mach 0.85 or 4,800 nm/8,890 km at Mach 0.90. The maximum operating speed for both aircraft is Mach 0.925, the same speed as Gulfstream’s G650 and G650ER.

“This is another extraordinary day in the storied history of Gulfstream,” said Larry Flynn, president, Gulfstream. “I could not be more pleased to announce the next generation of Gulfstream aircraft. The G500 and G600 build upon the technology present in our G650 and our latest aircraft, the G650ER. Once again, our customers played a major role in the development and creation of these aircraft. The G500 and G600 continue the long Gulfstream tradition of being the first original equipment manufacturer to ensure an optimal combination of speed, range, wide-cabin comfort and fuel burn.”

Gulfstream press release, Read more..