(Reuters) -General Dynamics on Wednesday second-quarter profit rose nearly 15% on the back of stronger business jet deliveries, sending the company’s shares up 1.7% before the bell.
The Gulfstream jet maker’s quarterly profit came in at $3.74 per share, compared with $3.26 per share a year ago.
General Dynamic’s aerospace segment continues to recover from supply chain woes and longer certification times, and was able to ramp up deliveries during the quarter ended June 29.
The segment’s aircraft deliveries hit 38 in the second quarter, compared with 37 in the same period a year ago.
In the first quarter, the company delivered 36 Gulfstream jets.
