General Dynamics has reported a 32% increase in first quarter earnings, mainly generated by sales of armoured vehicles and tanks.

The company says it earned US$572m, up from US$434m for the same period last year.

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Total sales at the firm increased 11 percent to US$7bn.

Sales in the combat division rose more than 27 percent to US$1.99bn during the first quarter, but information systems and technology sales dropped 1.3 percent to US$2.35bn.

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Army Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Army Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

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SignalGeneriX has won the Autonomous Technology Innovation Award for its LOTUS AI Mission Computer -a compact, rugged edge AI platform delivering up to 100 TOPS for ISR, EW, robotics and autonomous systems. Discover how LOTUS is redefining real-time decision-making and autonomy across demanding defence missions.

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