More on General Dynamics Q4: Swings to net profit

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)


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  • jeanewight
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    Comments (344) | Send Message
    Why is GD down? What am I missing?
    22 Jan 2014, 02:41 PM Reply Like
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