General Dynamics Delivers Mixed Q3 Performance, Aerospace And Marine Systems Lead Revenue Gains

General Dynamics Corp (NYSE:GD) reported mixed third-quarter fiscal 2024 results. Revenue for the quarter increased 10.4% year over year to $11.671 billion, beating the consensus of $11.641 billion.

EPS was $3.35 (up 10.2% YoY), below the consensus of $3.53.

Gulfstream delivered 28 aircraft in the quarter, including 24 large-cabin models, compared to 27 deliveries last year.

Operating earnings rose 11.7% Y/Y to $1.181 billion, and the margin expanded 12 basis points YoY to 10.1%.

"The company continues to see strong growth and ...