Better-than-expected operating margins at Savannah-based Gulfstream Aerospace powered parent company General Dynamics to a strong finish in 2013, according to an earnings report released by the company Wednesday.

"General Dynamics performed well in 2013, reflecting our continued focus on operations, cost management, cash generation and our commitment to meeting our customers' requirements," said Phebe N. Novakovic, chairman and chief executive officer. "As promised, we managed our company prudently, adjusting our business to reflect the realities of the current defense spending environment and retiring risk throughout the organization."

Gulfstream Aerospace was once again the highest performing of the company's four business sectors, with 2013 revenue up more than 17 percent and operating margins a full 5 percent higher than 2012.

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