While being available for sale after entering into the market in 2003. The Gulfstream ultra long-range G550 (GV-SP) is known for its award-winning technology and it’s versatile, large cabin. Since the release of the G4 in 1995, the G550 business jet was Gulfstream’s flagship model until around the G650 started deliveries in 2012. While receiving its FAA type certificate in 2003, Gulfstream also earned the Robert J. Collier trophy. Which is an annual Aviation award that is administered by the US National Aeronautic Association.