General Dynamics Corp (NYSE:GD, ETR:GDX) on Friday reported better-than-expected financial results for its third quarter 2025, boosted by robust business jet deliveries.
The company, which manufactures Gulfstream jets, posted an adjusted profit for the quarter of $3.88 per share, surpassing the analyst consensus estimate of $3.70, according to data compiled by LSEG.
Its revenue for the period rose 10.6% year over year to $12.91 billion, also exceeding the Wall Street forecast of $12.57 billion.
"Each of our four segments grew earnings and backlog in the quarter, reflecting solid execution coupled with growing demand," General Dynamics CEO Phebe Novakovic said in a statement.
"The Aerospace segment in particular performed impressively, growing revenue 30.3% and expanding margins by 100 basis points from the same period a year ago, with order activity for business jets remaining very strong."
The company noted that it delivered 39 Gulfstream aircraft during the quarter, up from 28 a year ago.
Its Gulfstream division delivered its first G800 business jet in August.
General Dynamics’ nuclear-powered submarine-making marine systems division also recorded a 14% year-over-year improvement in its quarterly sales.
General Dynamics shares rose nearly 2% in pre-market trading on Friday.