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General Dynamics reports $3.3B profit in 2021

PBN Staff

January 26, 2022 11:40 am

GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10 billion in revenue, an increase of 8.7% year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT — GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10.5 billion in revenue for 2021, a 5.5% increase year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.3 billion for 2021, a 2.8% increase year over year. Earnings per diluted share for the full year were $11.55 per share, compared to $11 a year ago. Revenue totaled $38.47 billion, a 1.4% increase year over year. The Reston, Va.-based company said its…