General Dynamics profit rises 11.6%

(Reuters) - General Dynamics Corp (NYSE:GD), the maker of Gulfstream business jets, reported a 11.6 percent rise in fourth-quarter profit on Wednesday.

Earnings from continuing operations rose to $636 million, or $2.10 per share, in the quarter ended Dec. 31, from $570 million, or $1.89 per share, a year earlier.

The company recorded a $119 million one-time, non-cash charge in the quarter related to U.S. tax changes.

Revenue rose to $8.28 billion from $7.65 billion last year.

(Reporting by Arunima Banerjee in Bengaluru; Editing by Arun Koyyur)