July 29 (Reuters) – General Dynamics on Wednesday posted higher second-quarter profit, driven by continued strength in its aerospace and marine segments.
The defense contractor’s quarterly per-share profit came in at $4.24, compared with $3.74 a year ago.
Total bookings during the quarter were 1.4 times billings, suggesting robust demand for the company’s defense and aerospace products.
For the quarter ended July 5, total revenue rose more than 8% from a year ago to $14.09 billion.
(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Tasim Zahid)
