General Dynamics reports $625M profit in Q2

PBN Staff

07/29/2020

GENERAL DYNAMICS earned a profit of $625 million in the second quarter of 2020. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

NORTH KINGSTOWN – General Dynamics reported a $625 million profit in the second quarter, or $2.18 per diluted share, the company said on Wednesday. The company’s profit declined 22.5% year over year from $806 million, or $2.77 per diluted share. Revenue for the quarter was $9.3 billion, a 3% decline year over year. The company’s…

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