General Dynamics to Acquire Gulfstream

Edited by Paul Richfield June 01, 1999
Hoping to cash in on the business aviation manufacturing boom, defense contractor General Dynamics has agreed to acquire Gulfstream Aerospace in a stock deal worth $4.6 billion or more. General Dynamics left the GA market in 1992 when it sold Cessna to Textron, and also once owned Canadair...

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