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General Dynamics

(GD) - Get General Dynamics Corporation Report

beat Wall Street's estimates by a penny in the latest third quarter.

The defense systems and aviation company earned $1.02 a share, before a gain, in the third quarter, a penny ahead of the 11-analyst

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First Call/Thomson Financial

consensus estimate. The company earned 91 cents a share for the same period a year ago.

Sales for the latest third quarter rose to $2.50 billion from $2.22 billion a year earlier. The company attributed the higher revenue mainly to sales of Gulfstream jets and information technology services.