From, Gulfstream a tribute to the ultimate biz-jet, 1958-1991.
 

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Source (for the image above): General Electric's Executive Turbines; by Robert I. Stanfield, Flying Magazine, May 1961, Vol. 68, No. 5, pp 36-38 and pg 68.

Note that this was not a Grumman design. Rather, this illustration - like the other examples in the linked article - are of GE's notional installations of their new turbine engines on existing (or then soon-to-be-realized) airframes.

What the article actually says is:

Grumman's Gulfstream. Still in the planning stage, the sleek turboprop would be adaptable for four CF700B aft turbofans; would probably carry wing-mounted pods of twin. While the fuselage would be retained, the wing could embrace a new configuration involving a moderate sweep, resulting in 500-mph-plus speeds

In other words, GE was looking for potential applications for its 2,850 lbf CJ610-1 and CJ610-2B turbojets ('civilianized' J85 variants) as well as the 4,200 lbf CF700-2B (an aft-fan turbofan based on a J85 core).
 
From Air International 1986
 

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