News Release

GULFSTREAM AEROSPACE APPOINTS DAN O'MALLEY AS GENERAL MANAGER OF MEXICALI FACILITY

SAVANNAH, GEORGIA July 6, 2001 - Gulfstream Aerospace Corp. has appointed Dan O'Malley General Manager of its Mexicali, Mexico, site. The site provides fabrication and electrical sheetmetal sub-assembly support to both the manufacturing and outfitting of Gulfstream IV-SP and Gulfstream V aircraft. "Dan has demonstrated leadership skills that are in line with our corporate direction and has been a solid contributor in the production organization," said James McQueeney, vice president/general manager for Oklahoma City and Mexicali. A two-year Gulfstream employee, O'Malley previously served as Senior Manager of the company's composite manufacturing business unit in Savannah. Prior to joining Gulfstream, he worked for Lucas Aerospace in Macon, Ga., and at Hughes Electronics in El Segundo, Calif., and LaGrange, Ga. O'Malley earned a bachelor's degree in chemistry from Loyola Marymount University and a master's degree in systems management from the University of Southern California.

NOTE TO EDITOR

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE:GD), designs, develops, manufactures and markets the world's most technologically advanced intercontinental business jet aircraft. Gulfstream has produced more than 1,200 aircraft for customers around the world since 1958. To meet the aviation needs of its customers, Gulfstream offers a full range of aircraft products and services, including the Gulfstream 100®, Gulfstream 200®, Gulfstream IV-SP®, the ultra-long range Gulfstream V® and Gulfstream V-SP®, Gulfstream Shares®, Gulfstream Financial Services®, Gulfstream Lease®, Gulfstream Pre-Owned Aircraft Sales®, Gulfstream Charter Services®, Gulfstream Management Services® and Gulfstream ServiceCare®. The company employs more than 8,750 people at seven locations. We invite you to visit our Web site at www.gulfstream.com for photos of Gulfstream aircraft and related information.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 47,000 people and anticipates 2001 sales of approximately $11.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems. More information about the company can be found at www.generaldynamics.com.