News Release

GULFSTREAM G200 IS WELL RECEIVED BY EUROPEAN BUSINESS-JET CUSTOMERS
Success of European Road Show and New EASA Type Certificate, Makes G200 Even More Attractive to European-based Customers

SAVANNAH, Ga., Sept. 14, 2004 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), reports its recent G200 European Road Show was so well received by the European business-jet market that the company is seriously considering hosting a similar event in the near future.

“The increased level of interest in the G200 and the recent Type Certificate issued by the European Aviation Safety Agency (EASA) have helped raise European customers’ awareness of the G200 as an outstanding candidate to meet their travel requirements,” said Raynor Reavis, senior vice president, sales and marketing, Gulfstream.

The G200 European Road Show, conducted during a two-week period that ended in mid-July, offered business-jet customers on the continent a first-hand look and hands-on experience with the large-cabin, mid-range Gulfstream G200 business-jet aircraft. Gulfstream personnel conducted static demonstrations at fixed-base operators in Munich, Zurich, Moscow, Cannes and Madrid, and both Farnborough and Cranfield in the U.K.

With a range of 3,400 nautical miles, a European-based G200 can readily reach all European capitals, as well as fly non-stop to the eastern coast of the United States.

During the multi-city event, the G200 attracted more than 250 visitors, many of whom are actively involved in the decision-making process, to the static displays. Additionally, four after-hours demonstration flights were conducted, resulting in “very promising results.”

The G200 is experiencing a dispatch reliability rate in excess of 99 percent. First certified by the FAA in 1998, the first G200 entered service in January 2000. On Aug. 30, 2004, the 100th green G200 was rolled out and will enter into service this December.

The G200’s outstanding performance characteristics include excellent climb, high-cruising altitude, high-speed, long-range and short-landing capabilities. Powered by two Pratt & Whitney PW 306A engines, the G200 can reach speeds up to Mach .85 at altitudes up to 45,000 feet. Even with this level of performance, the G200 boasts an hourly operating cost lower than other large-cabin, mid-range jets.

The G200 stand-up cabin offers seating configurations that can accommodate up to 10 passengers. With low ambient noise levels, 100 percent fresh air and natural light from generous windows, the cabin provides a comfortable workspace for busy passengers while helping to offset the effects of travel fatigue.

As with every Gulfstream aircraft, the design of the G200 cockpit incorporates industry-leading technology. In addition to the Engine Indicating and Crew Alert System (EICAS), the flight deck features an Electronic Flight Instrument System (EFIS), which provides critical electrical, hydraulic and mechanical systems information at a glance. For efficiency and safety, the G200 also includes the TCAS (Traffic alert and Collision Avoidance System) and EGPWS (Enhanced Ground Proximity Warning System) with windshear warning. Earlier this year, Gulfstream began offering Safe Flight Instrument Corporation’s Enhanced Autopower® Automatic Throttle System (ATS) as a retrofit on in-service G200s and as optional equipment on new G200s.

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 69,400 people worldwide and anticipates 2004 revenue of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company can be found at www.generaldynamics.com.