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GD Posts Strong Third Quarter Results On Aerospace, Shipbuilding

Cal Biesecker By
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GD Posts Strong Third Quarter Results On Aerospace, Shipbuilding
An artist's rendering of the U.S. Navy's future Columbia-class submarine. (Image: U.S. Navy )

General Dynamics [GD] last Friday reported strong third quarter financial results largely due to its Aerospace and Marine Systems segments, continuing a sturdy run of top and bottom-line gains all year. Net income increased 14 percent to $1.1 billion, $3.88 earnings per share (EPS), from $930 million ($3.35 EPS) a year ago, topping consensus estimates by 18 cents per share. Sales increased 11 percent to $12.9 billion versus $11.7 billion a year ago. So far in 2025, net income is…

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