News Release

GULFSTREAM’S NEW GENERATION OF LARGE-CABIN BUSINESS JETS TOP 100,000 FLIGHT HOURS
G550, G500, G450 and G350 Also Surpass 50,000 Take-offs and Landings

SAVANNAH, Ga., Oct. 16, 2006 – The 141 aircraft that currently comprise the in-service fleet of Gulfstream’s new generation of large-cabin business jets have exceeded 100,000 flight hours and completed more than 50,000 take-offs and landings in the three years since the first G550 entered service.

Between September 2003 and June 2005, four new large-cabin Gulfstream aircraft models – the G550, G500, G450 and G350 – entered service.  While each was differentiated by range, performance and price, all four feature the PlaneView® flight deck with Honeywell’s Primus Epic® avionics. Each model also shares the same pilot type rating, which translates to cost-savings in terms of crew and maintenance training time and cost for customers who operate multiple-aircraft fleets. 

"While the design, build and technological advancements of these aircraft have won over many new customers, our steadfast commitment to these planes after they’ve entered service keeps our long-time customers coming back," said Pres Henne, senior vice president, programs, engineering and test, Gulfstream.

NOTE TO EDITORS

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

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.