WASHINGTON (Reuters) - U.S. weapons makers reported higher-than-expected profit and improved margins for the first quarter, even as revenue began to taper off after more than a decade of sharp growth in U.S. military spending.Full story
General Dynamics Corp. said Wednesday its first-quarter net income edged up about 1 percent, as lower operating costs offset a slight decrease in revenue. Full story
WASHINGTON (Reuters) - The new chief executive of General Dynamics Corp <GD.N> said significant charges taken by the company in the fourth quarter of 2012 and a loss in the full year reflected contracting markets and a decline in government spending in the United States and overseas. Full story
General Dynamics employees work on an Abrams battle tank during a tour of the Joint Systems Manufacturing Center, Lima Army Tank Plant, in Lima, Ohio, April 23, 2012. REUTERS/Matt Sullivan
General Dynamics employees work on a gun turret for an Abrams battle tank during a tour of the Joint Systems Manufacturing Center, Lima Army Tank Plant, in Lima, Ohio, April 23, 2012. REUTERS/Matt Sullivan
Phebe Novakovic is pictured in this undated handout photo from General Dynamics. Novakovic moves into the CEO office at General Dynamics Corp on January 1, 2013. Come January, women will head three of the six largest U.S. weapons makers, a sign that their clout in the male-dominated industry is grow
