More on General Dynamics Q4: Swings to net profit

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

General Dynamics (GD -1.8%): Net profit $495M vs loss of $2.13B a year earlier. 2013 figure includes a $129M loss on discontinued operations related to litigation.

Net cash from operating activities $1.6B.

Backlog at end of year $46B.

Orders strong in the Aerospace group across the Gulfstream fleet. The company has also received significant bookings for the production of additional double-V-hulled Stryker combat vehicles and for the engineering development of the next Stryker upgrade program. (PR)