More on General Dynamics (GD +2.3%) Q3: net profit -8% to $600M, operating margins fall to 11.4%...

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

More on General Dynamics (GD +2.3%) Q3: net profit -8% to $600M, operating margins fall to 11.4% from 12.7%. Backlog $51.5B. Aeropace revenue +30%, operating margins +20%, with orders for every type of Gulfstream aircraft. However, highly exposed to Afghan and Iraq pullback, and combat systems revenue -8.6%, op income -14%.