General Dynamics is expecting a significant pickup in cash flow this quarter as its Gulfstream Aerospace unit begins to ship initial G650s by year’s end, but a software issue will likely push off G280 shipments until 2012, GD Chairman and CEO Jay Johnson told analysts last week during the release of the company’s third-quarter results. Gulfstream expects provisional FAA certification for the G650—its largest, fastest and most expensive aircraft yet—this quarter, clearing the way for ...
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