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Gulfstream Aerospace
Gulfstream Aerospace Corporation is an American aircraft company and a wholly owned subsidiary of General Dynamics. Gulfstream designs, develops, manufactures, markets, and services business jet aircraft. Gulfstream has produced more than 2,000 aircraft since 1958. Gulfstream's current range consists of the G280, G550, G500/G600, and G650/G650ER/G700/G800. History Origins The company that evolved into Gulfstream Aerospace Corp. started in the late 1950s when Grumman Aircraft Engineering Co., known for military aircraft production, developed a twin turboprop business aircraft at its facilities in Bethpage, New York, called the Grumman Gulfstream I (G-I). The G-I could seat 12 passengers, had a maximum speed of at and a range of . The new aircraft, the first of its kind designed for business travel, was a success, prompting Grumman to develop the jet-powered Grumman Gulfstream II or GII. 1960s At the start of the GII program, Grumman officials separated the company's civi ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Gulfstream American Hustler
The Gulfstream American Hustler was a 1970s American mixed-power executive/utility aircraft designed by American Jet Industries, which later changed to Gulfstream American Corporation. The aircraft had a nose-mounted turboprop and a tail-mounted turbofan. Development In 1974, Allen Paulson began to develop the Hustler, which was a corporate aircraft that featured a propeller in front for short runway use, and a jet in back for high-altitude cruising. He piloted the first test flight. American Jet Industries was to produce a seven-seat executive transport, powered by a Pratt & Whitney PT6 turboprop engine in the nose supplemented by a Williams Research Corporation WR19-3-1 turbofan mounted in the tail. It was originally intended that the Hustler would be certified as a single-engined aircraft because the Williams turbofan had not been certified for use as an aircraft propulsion unit. The turbofan, if certified, was to be a standby emergency power unit that could also be used ...
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Gulfstream G200
The Gulfstream G200, formerly known as the IAI Galaxy, is a twin-engine business jet. It was designed originally by Israel Aerospace Industries (IAI) and was produced by IAI for Gulfstream Aerospace from 1999 through 2011. Design and development The G200 was originally named "Astra Galaxy". When Gulfstream Aerospace purchased Galaxy Aerospace in 2001 the model was rebranded as the Gulfstream G200. Israel Aircraft Industries' subsidiary Galaxy Aerospace Inc. began designing the Galaxy in the late 1980s in a risk-sharing partnership with the Soviet aircraft design bureau Yakovlev OKB.Gunston, Bill and Yefim Gordon. ''Yakovlev Aircraft since 1924''. London, UK: Putnam Aeronautical Books, 1997. . The program officially launched in September 1993. Yakovlev handled design and manufacturing of the forward fuselage and empennage. However, the Russian company had trouble meeting agreed production schedules, and the partnership was ended in 1995. This led to another risk-sharing agreement, ...
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Gulfstream G100
The Gulfstream G100, formerly known as the IAI Astra SPX, is an Israel Aerospace Industries-manufactured twin-engine business jet, that was produced for Gulfstream Aerospace. Deliveries began in 1986. The United States Air Force employs the aircraft as the C-38 Courier. A later derivative known as the G150 was launched in 2002. Gulfstream announced the final sale of the G150 in September 2016 and the last delivery by mid-2017. Design and development Israel Aerospace Industries (IAI) developed the Astra from its Model 1124 Westwind business jet. Work on an improved Westwind began in the late 1970s,Relman 1993, p. 314. with the first prototype flight on 19 March 1984.Relman 1993, p. 316. The first production Astra flew on 20 March 1985, with FAA certification granted on 29 August 1985 and customer deliveries starting in 1986. The original 1125 Astra was replaced by the Astra SP, announced in 1989; 37 were built. The third variant, the ''Astra SPX'', flew for the first time in ...
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Westfield, Massachusetts
Westfield is a city in Hampden County, in the Pioneer Valley of western Massachusetts, United States. Westfield was first settled by Europeans in 1660. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. The population was 40,834 at the 2020 census. History The area was originally inhabited by the Pocomtuc, and was called ''Woronoco'' (meaning "the winding land"). Trading houses were built in 1639 to 1640 by European settlers from the Connecticut Colony. Massachusetts asserted jurisdiction, and prevailed after a boundary survey. In 1647, Massachusetts made Woronoco part of Springfield."Chronology of Westfield (1)"
Louis M. Dewey, copyright 1905–1919.
Land was “incrementally purchased from the Native Americans and granted by the Springfield town meeting to English settle ...
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Appleton International Airport
Appleton International Airport , formerly Outagamie County Regional Airport, is an airport located in Greenville, Wisconsin, United States, west of Appleton. It is included in the Federal Aviation Administration (FAA) National Plan of Integrated Airport Systems for 2023–2027. Along with Madison’s Dane County Regional Airport, it is one of two airports in the State of Wisconsin categorized as a small hub. The airport covers at an elevation of above sea level. It is the third busiest of eight commercial airports in Wisconsin in terms of passengers served. In 2016 the airport contributed $676 million to the Northeastern Wisconsin economy. In May 2018, Appleton International Airport was the fourth fastest growing airport in the US. It is the main base of privately owned regional airline Air Wisconsin and was the original home of Midwest Airlines. Midwest Airlines grew out of Kimberly-Clark subsidiary K-C Aviation, which was sold in 1998 to Gulfstream Aerospace, which retai ...
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Dallas
Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and County seat, seat of Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth most-populous city in the U.S. and the List of cities in Texas by population, third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link ...
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Kimberly-Clark
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes. Founded in Neenah, Wisconsin, in 1872 and based in the Las Colinas section of Irving, Texas since 1985, the company operated its own paper mills around the world for decades, but closed the last of those in 2012. With recent annual revenues topping $18 billion per year, Kimberly-Clark is regularly listed among the Fortune 500. As of March 2020, the company had approximately 40,000 employees. History Kimberly, Clark and Co. was founded in 1872 by John A. Kimberly, Havilah Babcock, Charles B. Clark and Frank ...
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Midwest Airlines
Midwest Airlines (formerly Midwest Express) was a U.S.-based airline headquartered in Oak Creek, Wisconsin, that operated from Milwaukee Mitchell International Airport between 1984 and 2010. For a short time, it also operated as a brand of Republic Airways Holdings. Operations as an independent airline ceased in November 2010, upon its merger with Frontier Airlines. History K-C Aviation Midwest Airlines began in 1948, when Kimberly-Clark began providing air transportation for company executives and engineers between the company's Neenah, Wisconsin headquarters and its mills. Operating out of the nearby Appleton International Airport, early employee shuttle destinations included Chicago O'Hare, Memphis, and Atlanta's Fulton County Airport. In 1969, K-C Aviation was born from this, and was dedicated to the maintenance of corporate aircraft. K-C Aviation was sold in 1998 to Gulfstream Aerospace for $250 million; included were its operations in Appleton, Dallas, and We ...
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Robert J
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and '' berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It c ...
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Gulfstream V
The Gulfstream V (Model GV, pronounced "G-five") is a long-range, large business jet aircraft produced by Gulfstream Aerospace, derived from the previous Gulfstream IV. It flies up to , up to and has a range. It typically accommodates four crew and 14 passengers. It first flew on November 28, 1995, and entered service in June 1997. It is used by the US military under the designation C-37A. It is followed by an improved version, the Gulfstream 550 (Model GV-SP). Development In the early 1990s, the Gulfstream V (GV) was developed as a response to the Bombardier Global Express. It was certified on April 11, 1997. Capable of flying up to , it rolled out in 1995 and was Gulfstream's first ultra-long range business jet. Total production of the Gulfstream V was 193 aircraft. By 2018, 1997-1999 Gulfstream GVs were trading at $8.8-10.25 million. By 2019, a GV was worth around $10 million: below $6 million for a fixer to p $13 million for a late model low-time aircraft. Design Com ...
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Forstmann Little & Company
Forstmann, Little & Company was a private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the Dot-com bubble, internet and telecom bubbles, having invested heavily in technology and telecommunications companies. Following the death of the last surviving founder, Theodore J. Forstmann, Theodore Forstmann, in 2011, the firm was dissolved and its assets sold off. It closed in May 2014. History Ted Forstmann was a golfing partner of Derald Ruttenberg at the Deepdale Country Club on Long Island. He arranged for Ruttenberg to meet Henry Kravis and Jerry Kohlberg of the start-up Kohlberg Kravis Roberts. Kravis and Kohlberg proposed what they called a leveraged buyout. After the two had left, Ruttenberg suggested that Forstmann could do the same himself. Ruttenberg arranged funding for Forstmann, who launched Forstmann Little ...
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