Wednesday, October 22, 2008

General Dyamics 3Q report

FALLS CHURCH, Va. - General Dynamics reported 2008 third-quarter earnings from continuing operations of $634 million, or $1.59 per share on a fully diluted basis,compared to 2007 third-quarter earnings from continuing operations of $544 million, or $1.34 per share fully diluted. Revenues rose to $7.1 billion in the quarter, a 4.5 percent increase over third-quarter 2007 revenues of $6.8 billion. Net earnings, which were equal to earnings from continuing operations, increased 16 percent over the year-ago period. (Source: PRNewswire, 10/22/08)