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Articles tagged with: Bizjets

May 12, 2014

Collier Trophy Finalists: X-47B and PurePower GTF Engine

Richard L. Aboulafia, Vice President, Analysis

The National Aeronautic Association Collier Trophy Committee is a great place to see present-day glimpses of our industry's future, and this year I was privileged to serve on it for a third time. There were two finalists, Northrop Grumman's X-47B (the winner) and Pratt & Whitney's PurePower Geared Turbofan (GTF) engine, which superbly illustrated two radically different aspects of our future.

May 06, 2014

Growth in Business Jet Market Eclipsing Stagnant Military Market

Richard L. Aboulafia, Vice President, Analysis

High-end business jets are a strong market. General Dynamics' first-quarter results, announced last month, show the continued evolution of the company from an almost pure-play defense prime to a company deriving nearly half (45%) of its earnings from Gulfstream Aerospace and Jet Aviation, two units that focus on manufacturing, completing, and supporting high-end ($26 million-plus) jets. 

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