General Dynamics (GD +1.5%) rises after Q2 earnings beat estimates. From the report: Total...

|About: General Dynamics Corporation (GD)|By:, SA News Editor

General Dynamics (GD +1.5%) rises after Q2 earnings beat estimates. From the report: Total operating margin is flat versus Q2 2012. Total backlog at the end of the period was $49.4B (potential contract value $77.1B). Revenue growth by segment: Aerospace, +29%; Combat Systems, -27.9%; Marine Systems, +6.4%; Info Systems and Tech, +0.9%. Operating margins fall in every category except Aerospace which saw margin expansion of 280 bps. (PR)