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General Dynamics Corp.: The St. Louis aerospace...

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From Times Staff and Wire Reports

General Dynamics Corp.: The St. Louis aerospace company said 1989 net income totaled $293.1 million, down slightly from the $294 million reported in 1988. Revenue rose 5% to a record $10 billion. The company attributed the earnings decline in part on increased interest expenses and higher development costs for the Air Force’s Advanced Tactical Fighter.

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