General Dynamics profit rises but headwinds for jets in fourth quarter send shares lower

(Reuters) - Gulfstream jet deliveries helped General Dynamics Corp report a 7.3% rise in quarterly profit on Wednesday, but shares fell as much as 4% after company officials said the fourth quarter would see more deliveries of less-profitable refurbished aircraft."Based on the inputs we're seeing right now and the contracts that will deliver in the fourth quarter, we would expect to see, at this point, more pre-owned aircraft in sales in the fourth quarter," Chief Financial Officer Jason Aiken..