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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 Mach 0.885 (508 kn; 940 km/h), up to 51,000 feet (16,000 m) and has a 6,500 nmi (12,000 km) 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).