News Release

GULFSTREAM APPOINTS JAMES "JIM" MCQUEENEY VICE PRESIDENT, MATERIAL

Editors' note: For a digital photograph of James McQueeney, email your request to julie.mccoy@gulfstream.com

SAVANNAH, Ga., Jan. 06, 2004 - James McQueeney has been appointed vice president, material, Gulfstream Aerospace. In this position, he will manage the company's procurement supply chain and execute procurement development plans for Gulfstream's product line of eight business jets.

"Jim is an excellent choice for this important role," said Joe Lombardo, chief operating officer, Gulfstream. "His experience in production, procurement, plant management and program management gives him a unique perspective in material management, which I am confident will be of significant benefit to Gulfstream."

A 12-year employee, McQueeney served as director of production before serving as vice president and general manager of Gulfstream's Oklahoma City and Mexicali, Mexico, facilities. He also served as the manufacturing manager during the development of the Gulfstream V aircraft and worked at the company's Oklahoma City site for three years as the manager of business development.

Before joining Gulfstream, McQueeney was director of operations for Textron, a multi-product line company that produces business aircraft and helicopters. He earned a bachelor's degree in business administration from Oklahoma City University.

NOTE TO EDITORS

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world's most technologically advanced business jet aircraft. Gulfstream has produced more than 1,400 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the mid-cabin, high-speed Gulfstream G100™; the wide-cabin, high-speed Gulfstream G150™; the large-cabin, mid-range Gulfstream G200™; the large-cabin, mid-range Gulfstream G300™; the large-cabin, long-range Gulfstream G400™; the large-cabin, long-range G450™; the large-cabin, ultra-long-range Gulfstream G500™ and the large-cabin, ultra-long-range Gulfstream G550™. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 6,750 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 66,900 people worldwide and estimates 2003 revenues of $16.1 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company can be found on the World Wide Web at www.generaldynamics.com.