Analyst: Gulfstream Sales, Profit Goal ‘Realistic’

Gulfstream Aerospace’s goal of holding sales and profits about flat in 2016-17 “looks realistic,” Cowen and Co. analyst Cai von Rumohr wrote in a note to investors Jan. 11. That is despite an estimated 20% dip in Gulfstream G450/550 deliveries. Gulfstream’s order backlog totals $13.6 billion, mostly...

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