General Dynamics Profit Beats Estimates on Higher Gulfstream Jet Sales

General Dynamics Corp. (GD:US) reported second-quarter profit that beat analysts’ estimates as higher Gulfstream business-jet sales helped offset declining revenue at the unit that produces military vehicles and munitions. Net income increased 1 percent to $640 million, or $1.81 a share, compared with $634 million, or $1.77 a share, a year earlier, the Falls Church,…

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