General Dynamics tops forecasts

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

General Dynamics (GD) tops estimates, even as sales slip from Q3 2012.

Operating margins rise 90 bps during the period.

Total backlog: $47.9B. Estimated contract value is $27.4B.

Sales growth by segment: Aerospace, +17.2%; Combat Systems, -30%; Marine Systems, +1.6%; Information Systems and Technology, +4.4%. (PR)