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GD’s Earnings, Sales Climb On Broad Strength

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By Calvin Biesecker Streaking along so far this year, General Dynamics [GD] yesterday reported strong second quarter financials driven by higher earnings, sales and margins at each of its operating segments. The strong results, coupled with an equally impressive first quarter, led GD to significantly boost its earnings guidance for 2008 to between $6 and $6.05 earnings per share (EPS) versus the previous expectations of $5.55 to $5.65 EPS announced in January. GD Chairman and CEO Nicholas Chabraja on yesterday's…

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