News Release

GULFSTREAM STRENGTHENS PRODUCT SUPPORT CAPABILITIES IN LATIN AMERICA
Gulfstream Invests in Product-Specific Training of Local Technicians and Moves Spare Parts Inventory into Region

SAVANNAH, Ga., April 14, 2004 – Gulfstream Aerospace, in collaboration with Varig Engineering & Maintenance (VEM), the largest aircraft maintenance provider in Brazil, is expanding the Gulfstream aircraft maintenance capabilities of VEM's facility at Congonhas Airport in São Paulo. Gulfstream model-specific technician maintenance training, coupled with a new spares parts inventory valued at $2.4 million, will enable VEM's São Paulo Gulfstream Authorized Warranty facility to perform heavy maintenance, warranty work and inspections on all Gulfstream IV/IV-SP, G400, G300, GV, G500 and G550 business jet aircraft.

"We are committed to supporting our Latin American aircraft operators where they live," said Larry Flynn, president, product support, Gulfstream. "These recent changes are just the beginning. As more people and companies in the Latin American region choose Gulfstream business jets, we will continue to enhance our product support capabilities and our commitment to passenger safety and aircraft performance and reliability."

Gulfstream has arranged for two maintenance technicians from VEM's São Paulo facility to be trained at FlightSafety International's training facility in Savannah, Ga. Two four-week maintenance training slots will be available – one for the large-cabin, ultra-long-range G550 and the other for the large-cabin, long-range G400 business jet.

Following successful completion of the model-specific training course, the maintenance technicians will be qualified to perform warranty work, heavy maintenance and inspections on Gulfstream IV-series and G550 aircraft.

To further support VEM's expanded Gulfstream aircraft maintenance capabilities, Gulfstream is increasing its level of spare parts inventory in the region by 100 percent. At a steady inventory value of $2.4 million dollars, this represents one of the largest Gulfstream spare parts inventories outside the United States. The spare parts, which are in the process of being shipped from the United States, will be stored at the VEM facility in São Paulo.

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, mid-range Gulfstream G350™; 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 67,600 people worldwide and had 2003 revenue of $16.6 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.