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Business/Financial

Business Jets, Combat Vehicles Lift GD To Strong Third Quarter

DDN

Thursday, October 25th, 2007

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By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter financial results due to surging sales and earnings at its Aerospace and Combat Systems segments and the company upped its earnings guidance for 2007. GD's shipbuilding business also continued its solid performance, boosting earnings and margins despite a scant increase in sales. The results at the Aerospace, Combat Systems and Marine segments more than offset a relatively flat performance at the Information Systems and Technology (IS&T) business. Net income…

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