News Release

GULFSTREAM AEROSPACE PROMOTES BRAD KRAFT TO DIRECTOR, COMPLETION ENGINEERING, DALLAS

SAVANNAH , Ga. , Aug 7, 2006 – Brad Kraft has been promoted to director of completion engineering at the Gulfstream Aerospace Dallas facility. In this position, Kraft will be responsible for all engineering functions associated with final phase engineering for the new G150 and G200 programs.

Kraft, who joined Gulfstream Dallas in 2001, has more than 18 years of aviation experience. Most recently, he served as senior manager for final phase. In this position, Kraft implemented many new Lean Manufacturing initiatives, and was instrumental in helping Dallas win Gulfstream’s 2004 Manufacturing Excellence Award. Prior to joining Gulfstream, Kraft held a variety of positions within The Boeing Company, including senior manager for the 717 commercial aircraft program.

Kraft earned a bachelor’s degree in industrial engineering from Iowa State University and an MBA from Pepperdine 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 1,500 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 wide-cabin, high-speed Gulfstream G150 ™; the large-cabin, mid-range Gulfstream G200 ™; the large-cabin, mid-range Gulfstream G350 ™; 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 7,900 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 81,900 people worldwide and had 2005 revenue of $21.2 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 can be found online at www.generaldynamics.com.