General Dynamics profit falls in Q1 to $745M

GENERAL DYNAMICS CORP. reported a profit of $745 million in the first quarter. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT
GENERAL DYNAMICS CORP. reported a profit of $745 million in the first quarter. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT
PROVIDENCE – General Dynamics Corp. reported a profit of $745 million in the first quarter of 2019, a 6.8% decline from $799 one year prior. Earnings per diluted share for the quarter were $2.56, compared with $2.65 one year prior. The company, headquartered in Falls Church, Va., reported that revenue in the first quarter was $9.3…

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