(Reuters) -General Dynamics ( GD ) on Friday posted a nearly 16% rise in third-quarter profit on the back of strong business jet deliveries.

The Gulfstream jet maker's quarterly profit came in at $3.88 per share, compared with $3.35 per share a year ago.

Shares of the defense major rose 1% before the bell.

General Dynamic's aerospace segment continues to recover from supply chain woes and longer certification times, and was able to ramp up deliveries during the quarter ended September 28.

The segment's deliveries were at 39 in the third quarter, up from 28 a year ago.