General Dynamics Corp. reported flat earnings for...

General Dynamics Corp. reported flat earnings for the first quarter--$105.7 million, compared to $105.4 million a year ago. “Increased procurement on the F-16 program resulted in an overall improvement in the government aerospace segment,” said Stanley C. Pace, chairman and chief executive, “despite continued investments in advanced aircraft programs and lower production of the ground launched cruise missile as that contract nears its scheduled completion during 1988.” St. Louis-based General Dynamics’ operations include the production and marketing of aircraft, submarines, marine systems and spacecraft.