GULFSTREAM G550 AND G500 BUSINESS JETS CERTIFIED FOR NEW ZEALAND REGISTRATION

Move Reflects Growing Presence Of Gulfstream Aircraft Around The World

SAVANNAH, Ga., August 18, 2010 - Gulfstream Aerospace Corp. has received Type Certificate Validation (TCV) from the Civil Aviation Authority of New Zealand for the Gulfstream G550 and G500. The approvals allow operators to register the business jets in that country.

The two aircraft join the large-cabin, long-range GIV, GIV-SP, G400 and G300, which New Zealand approved for registration in 2003.

"Over the past four years, more and more Gulfstream aircraft are being sold globally," said Larry Flynn, senior vice president, Marketing and Sales, Gulfstream. "Having this certificate validation streamlines the registration process for operators who want to base their large-cabin Gulfstream aircraft in New Zealand."

In addition to New Zealand, some other countries that have certified the G550/G500 include Argentina, Australia, Azerbaijan, Bermuda, Brazil, Canada, China, Hong Kong, Iceland, India, Korea, Mexico, Moldova, Monaco, Russia and Switzerland. The aircraft have also received Type Certificate Validation from the European Aviation Safety Agency (EASA), which means they can be registered in any European Union (EU) country.

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 some 1,800 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 new large-cabin, mid-range Gulfstream G250®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range G450®; the large-cabin, ultra-long-range Gulfstream G500®; the large-cabin, ultra-long-range Gulfstream G550® and the ultra-large-cabin, ultra-long-range G650®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,000 people at seven major locations. We invite you to visit our website for more information and photos of Gulfstream aircraft at www.gulfstream.com.

General Dynamics headquartered in Falls Church, Va., employs approximately 91,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at www.gd.com.