Gulfstream Aerospace is well-known globally for its approach to developing and manufacturing state-of-the-art business jets. Originally, the company was founded in 1958 and is currently based in Savannah, Georgia. The company was founded as a part of Grumman Aircraft Engineering, which typically developed military aircraft. However, in the early 1950s, Grumman Aircraft Engineering designed a business aircraft. This turboprop aircraft was called the Grumman Gulfstream and was designated as the G-1. As the program commenced, to improve engineering efficiency, Grumman officially separated the program into its own company, which was later called Gulfstream Aerospace.