General Dynamics reports $3.3B profit in 2018

GENERAL DYNAMICS reported a profit of $3.3 billion in 2018, with its Marine Systems segment, which includes General Dynamics Electric Boat, posting operating profit of $761 million for the year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT
GENERAL DYNAMICS reported a profit of $3.3 billion in 2018, with its Marine Systems segment, which includes General Dynamics Electric Boat, posting operating profit of $761 million for the year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT
NORTH KINGSTOWN – General Dynamics reported a profit of $3.35 billion in 2018, a 14.9 percent increase from $2.9 billion in 2017, the company reported Wednesday. Diluted earnings per share for the year were $11.18, compared with $9.56 the previous year. The company reported revenue of $36.2 billion, a 16.9 percent increase from the prior year.…

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