{"id":454079,"date":"2021-03-09T14:07:45","date_gmt":"2021-03-09T19:07:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=454079"},"modified":"2021-03-09T14:07:45","modified_gmt":"2021-03-09T19:07:45","slug":"gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/","title":{"rendered":"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Award extends government&#8217;s commitment to Gulfstream support<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAVANNAH, Ga.<\/span>, <span class=\"xn-chron\">March 9, 2021<\/span> \/PRNewswire\/ &#8212; Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE:GD), announced today that it has been awarded <span class=\"xn-money\">$696 million<\/span> in contracts from the U.S. Air Force Life Cycle Management Center for <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091616-1&amp;h=901463951&amp;u=https%3A%2F%2Fwww.defense.gov%2FNewsroom%2FContracts%2FContract%2FArticle%2F2486177%2F&amp;a=engineering+services+support\" rel=\"nofollow noopener noreferrer\">engineering services support<\/a> and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091616-1&amp;h=3152764749&amp;u=https%3A%2F%2Fwww.defense.gov%2FNewsroom%2FContracts%2FContract%2FArticle%2F2484774%2F&amp;a=contractor+logistics\" rel=\"nofollow noopener noreferrer\">contractor logistics<\/a> for C-20 and C-37 aircraft. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1452964\/Gulfstream_contracts.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1452964\/Gulfstream_contracts.jpg\" title=\"Gulfstream Aerospace Corp. announced that it has been awarded $696 million in contracts from the U.S. Air Force Life Cycle Management Center for engineering services support and contractor logistics for C-20 and C-37 aircraft.\" alt=\"Gulfstream Aerospace Corp. announced that it has been awarded $696 million in contracts from the U.S. Air Force Life Cycle Management Center for engineering services support and contractor logistics for C-20 and C-37 aircraft.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Engineering Service Contract (ESC) represents a <span class=\"xn-money\">$612 million<\/span>, 10-year renewal of a prior ESC. The contractor logistics support (CLS) award for <span class=\"xn-money\">$84 million<\/span> exercises Option Year Four of an existing CLS contract, bringing its cumulative face value to <span class=\"xn-money\">$594 million<\/span>.<\/p>\n<p>With the ESC contract, Gulfstream provides dedicated resources supporting C-20G, C-37A and C-37B aircraft for the U.S. Air Force, Army and Navy. Gulfstream&#8217;s government program and special missions office provides engineering services, aircraft modifications, configuration management, data delivery and publication management. Gulfstream Customer Support provides field services and technical operations support.<\/p>\n<p>&#8220;Gulfstream is grateful for the continued confidence the U.S. government has in our program,&#8221; said <span class=\"xn-person\">Leda Chong<\/span>, Gulfstream&#8217;s senior vice president for Government Programs and Sales. &#8220;What started as an engineering services contract for nine C-20 U.S. Air Force aircraft 20 years ago has evolved into a support contract for a 23-aircraft fleet.&#8221;<\/p>\n<p>&#8220;Our dedicated engineers and technical support experts look forward to supporting and ensuring the success of the U.S. military&#8217;s special missions,&#8221; said Chong.<\/p>\n<p>Gulfstream will perform the work in <span class=\"xn-location\">Savannah, Georgia<\/span>; Joint Base Andrews, <span class=\"xn-location\">Maryland<\/span>; Ronald Reagan Washington National Airport, <span class=\"xn-location\">Washington, D.C.<\/span>; Hickam Air Force Base and Marine Corps Base, <span class=\"xn-location\">Hawaii<\/span>; and Ramstein Air Base, Germany.\u00a0 <\/p>\n<p>&#8220;Gulfstream Customer Support has been proud to provide services for the U.S. government for many years,&#8221; said <span class=\"xn-person\">Derek Zimmerman<\/span>, president of Gulfstream Customer Support. &#8220;The engineering services contract is a prime example of Gulfstream&#8217;s ability to collaborate across functions to provide the strongest support in the industry, and we are excited to partner closely with the U.S. government for another decade.&#8221;<\/p>\n<p>General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated <span class=\"xn-money\">$37.9 billion<\/span> in revenue in 2020. More information about Gulfstream is available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091616-1&amp;h=2858332669&amp;u=http%3A%2F%2Fwww.gulfstream.com%2F&amp;a=www.gulfstream.com\" rel=\"nofollow noopener noreferrer\">www.gulfstream.com<\/a>.\u00a0 More information about General Dynamics is available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091616-1&amp;h=1072345907&amp;u=http%3A%2F%2Fwww.gd.com%2F&amp;a=www.gd.com\" rel=\"nofollow noopener noreferrer\">www.gd.com<\/a>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1452978\/Gulfstream_Aerospace_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1452978\/Gulfstream_Aerospace_Logo.jpg\" title=\"\" alt=\"\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH04103&amp;sd=2021-03-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/gulfstream-awarded-696-million-in-contracts-for-us-air-force-special-missions-support-301243809.html\">http:\/\/www.prnewswire.com\/news-releases\/gulfstream-awarded-696-million-in-contracts-for-us-air-force-special-missions-support-301243809.html<\/a><\/p>\n<p>SOURCE  Gulfstream Aerospace Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH04103&amp;Transmission_Id=202103091404PR_NEWS_USPR_____PH04103&amp;DateId=20210309\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Award extends government&#8217;s commitment to Gulfstream support PR Newswire SAVANNAH, Ga., March 9, 2021 \/PRNewswire\/ &#8212; Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE:GD), announced today that it has been awarded $696 million in contracts from the U.S. Air Force Life Cycle Management Center for engineering services support and contractor logistics for C-20 and C-37 aircraft. The Engineering Service Contract (ESC) represents a $612 million, 10-year renewal of a prior ESC. The contractor logistics support (CLS) award for $84 million exercises Option Year Four of an existing CLS contract, bringing its cumulative face value to $594 million. With the ESC contract, Gulfstream provides dedicated resources supporting C-20G, C-37A and C-37B aircraft for the U.S. Air Force, Army &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-454079","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Award extends government&#8217;s commitment to Gulfstream support PR Newswire SAVANNAH, Ga., March 9, 2021 \/PRNewswire\/ &#8212; Gulfstream Aerospace Corp., a wholly owned subsidiary of General Dynamics (NYSE:GD), announced today that it has been awarded $696 million in contracts from the U.S. Air Force Life Cycle Management Center for engineering services support and contractor logistics for C-20 and C-37 aircraft. The Engineering Service Contract (ESC) represents a $612 million, 10-year renewal of a prior ESC. The contractor logistics support (CLS) award for $84 million exercises Option Year Four of an existing CLS contract, bringing its cumulative face value to $594 million. With the ESC contract, Gulfstream provides dedicated resources supporting C-20G, C-37A and C-37B aircraft for the U.S. Air Force, Army &hellip; Continue reading &quot;Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-09T19:07:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1452964\/Gulfstream_contracts.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support\",\"datePublished\":\"2021-03-09T19:07:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/\"},\"wordCount\":428,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1452964\\\/Gulfstream_contracts.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\\\/\",\"name\":\"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support - 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The Engineering Service Contract (ESC) represents a $612 million, 10-year renewal of a prior ESC. The contractor logistics support (CLS) award for $84 million exercises Option Year Four of an existing CLS contract, bringing its cumulative face value to $594 million. With the ESC contract, Gulfstream provides dedicated resources supporting C-20G, C-37A and C-37B aircraft for the U.S. Air Force, Army &hellip; Continue reading \"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-09T19:07:45+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1452964\/Gulfstream_contracts.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support","datePublished":"2021-03-09T19:07:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/"},"wordCount":428,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1452964\/Gulfstream_contracts.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gulfstream-awarded-696-million-in-contracts-for-u-s-air-force-special-missions-support\/","name":"Gulfstream awarded $696 million in contracts for U.S. Air Force special missions support - 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