2008 Gulfstream G150
Gulfstream Aerospace Corporation is an American aircraft company and a wholly owned subsidiary of General Dynamics. Gulfstream designs, develops, manufactures, markets, and services business jet aircraft. Gulfstream has produced more than 2,000 aircraft since 1958. Gulfstream’s current range consists of the G280, G550, G500/G600, and G650/G650ER/G700/G800.
In 2006, the 12-year production run of the G100 ended, and the Gulfstream G150 entered service to take its place. The G150 was the first business jet to be certified by the FAA for Stage 4, the industry’s most stringent noise standards. Also in 2006, Gulfstream announced plans to expand its manufacturing and service facilities in Savannah. The seven-year, $400 million Long-Range Facilities Master Plan included the creation of a new 624,588-square-foot (58,030 m2) service center, an independent fuel farm, a 42,600-square-foot (3,960 m2) paint hangar and the addition of a new Sales and Design Center.[citation needed] As a result of the expansion, employment at the facility was expected to grow by some 1,100 jobs. To meet the immediate need for engineering office space, Gulfstream opened a Research and Development Center (RDC). The RDC accommodates approximately 750 technical and engineering employees.
The Gulfstream G100, formerly known as the IAI Astra SPX, is an Israel Aerospace Industries-manufactured twin-engine business jet, that was produced for Gulfstream Aerospace. Deliveries began in 1986. The United States Air Force employs the aircraft as the C-38 Courier. A later derivative known as the G150 was launched in 2002. Gulfstream announced the final sale of the G150 in September 2016 and the last delivery by mid-2017.[1]
The original 1125 Astra was replaced by the Astra SP, announced in 1989; 37 were built. The third variant, the Astra SPX, flew for the first time in August 1994. This variant was renamed G100 from September 2002 following Gulfstream’s acquisition of Galaxy Aerospace, which held the Astra type certificate, in May 2001.
In September 2002, Gulfstream announced the improved G150, based on the G100. This last variant features a wider (12 in) and longer fuselage (16 in aft of rear pressure bulkhead) updated avionics and an increase in maximum takeoff weight (MTOW) to 26,100 pounds (11,839 kg) compared to the G100’s MTOW of 24,650 pounds (11,181 kg). It was certified by the FAA in late 2005.[5] It has been certified for the steeper-than-normal approach path required to land at London City Airport.[6] Production of the G100 was discontinued following certification of the G150.[citation needed] IAI continued to manufacture G150s in Israel and the completed airframes were then flown to the U.S. for interior outfitting. In September 2016, Gulfstream announced that, owing to slow sales, production would be stopped, with delivery of the final aircraft due in mid-2017.[7]
The Astra was further developed in the 1990s; the wing was modified and mated to a completely new fuselage. This development became the IAI Galaxy (later the Gulfstream G200).[8]
By 2018, Gulfstream G150s from 2006–2008 were in the range of $3.8 to $4.8 million.[9]
