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General Dynamics profit rises on robust business jet demand

General Dynamics profit rises on robust business jet demand
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General Dynamics profit rises 3% on strong demand for private jets

(Reuters) - Gulfstream jet maker General Dynamics Corp on Wednesday posted a 3.1% rise in first-quarter profit, as demand for private air travel durin. ....

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General Dynamics profit falls 5%

(Reuters) - General Dynamics Corp on Wednesday posted a 5% fall in fourth-quarter profit, as labor shortages and supply chain issues hampered the defe. ....

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General Dynamics revenue up 7% on aerospace

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FILE PHOTO: A General Dynamics NASSCO ship yard entrance is shown in San Diego, California, U.S., June 17, 2019. REUTERS/Mike Blake
(Reuters) -Surging demand for private jets fueled by hopes of economic recovery following mass COVID-19 vaccinations helped lift defense contractor General Dynamics Corp’s revenue in results posted on Wednesday.
Shares rose more than 1% in morning trading to a 14-month high after the Gulfstream jet maker posted a 7% rise in first-quarter revenue as its aerospace unit’s sales picked up.
The company’s business jet deliveries increased to 28 units from 23 a year earlier, amid increased coronavirus inoculations and easing travel restrictions. ....

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