General Dynamics reported strong growth in its maritime business segment during its second quarter earnings call today, though the company faces enduring supply chain challenges and shipbuilding schedule and cost performance continues to suffer across the Navy’s portfolio. The company’s $4.2 billion in marine revenue was up by more than 22% compared to the prior year’s quarter, marking a higher-than-usual growth rate driven largely by increased construction volume in the Virginia and Columbia-class submarine programs, CEO Phebe Novakovic told Wall...
