General Dynamics [GD] yesterday reported higher earnings in the third quarter driven by strong results at its Aerospace segment and to a lesser degree its Information Systems and Technology (IS&T) segment despite a slight decline in sales. The Aerospace segment, which includes the Gulfstream business jet line and aircraft services, soared in the quarter, delivering a 41 percent gain in operating profit to $369 million on a 17 percent jump in sales to nearly $2.2 billion as margins rose nearly…
Aerospace, IT Businesses Power Strong Earnings At GD In Third Quarter
Defense Daily Staff
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