$4.5 Million In Inventory To Be Added To British Facility

Gulfstream Aerospace announced earlier this week the company will be adding spare-parts inventory valued at $4.5 million to its Luton, England Service Center to support the growing fleet of Gulfstream business jets operating in Europe and the Middle East. The additional spares inventory will include spare parts for Gulfstream G200, GIV, GV, G350, G450, G500 and G550 business-jet models.

"Just in the past year, we have seen a significant increase in our sales activity in Europe and the Middle East," said Gulfstream Product Support President Larry Flynn. "By increasing the number of spare parts in Luton , we are ensuring that both existing and future Gulfstream aircraft operators in this region receive the parts they need as fast as possible. From Luton, we’ll be able to ship parts overnight to locations throughout Europe and the Middle East."

Gulfstream will be overseeing the spare-parts distribution process, which is scheduled to begin June 1. Gulfstream's Luton Service Center currently manages a limited onsite spare parts inventory, used by service technicians performing maintenance at the facility.

"This recent agreement is part of Gulfstream’s ongoing commitment of moving spare parts faster and more efficiently to our customers, regardless of where an aircraft is operated," Flynn added.

Gulfstream Aerospace Corporation -- a subsidiary of General Dynamics -- designs, develops, manufactures, markets, services and supports the company's line of business-jet aircraft. Gulfstream has produced more than 1,500 aircraft for customers around the world since 1958.

FMI: www.gulfstream.com