General Dynamics Shares Gain as Production of G650 Jet Rises
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General Dynamics Corp. rose for a fourth day in five after the maker of Gulfstream jets said it will increase production for its most profitable model, the G650.
Gulfstream order activity is “quite good,” Chief Executive Officer Phebe Novakovic said on a conference call Wednesday. She said there were more orders last year than in 2014 for in-production aircraft, which excludes models under development, underscoring demand.