General Dynamics Corp. (NYSE: GD) reported Q2 EPS of $1.88, $0.11 better than the analyst estimate of $1.77. Revenue for the quarter came in at $7.83 billion versus the consensus estimate of $7.53 billion.

"General Dynamics' strong second quarter performance reflects our continued focus on program execution and operational improvements," said Phebe N. Novakovic, chairman and chief executive officer. "We have a solid building block for the future with an increased defense backlog and robust order activity across the portfolio of Gulfstream business jets."

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