GULFSTREAM claims a firm backlog of 89 aircraft valued at $2.8 billion

GULFSTREAM claimed a firm backlog of 89 aircraft valued at $2.8 billion at the end of September and said it had a "cash position of approximately $242 million." Gulfstream went public in October 1996, selling 42.5 million shares at $24 per share for just over $1 billion. Price of Gulfstream's stock...

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