GULFSTREAM TO DISPLAY FLEET AT LABACE

Company Focuses On Research and Development, Product Support And Flight Test

SAVANNAH, Ga., August 3, 2010 - Gulfstream Aerospace Corp. will showcase four of its business jets at the seventh annual Latin American Business Aviation Convention & Exhibition (LABACE) in São Paulo. They are the wide-cabin, high-speed Gulfstream G150; the large-cabin, mid-range Gulfstream G200; the large-cabin, long-range Gulfstream G450; and the large-cabin, ultra-long-range Gulfstream G550.

Additionally, the company will conduct an informal media breakfast featuring Joe Lombardo, president, Gulfstream, at 8:30 a.m. Friday, Aug. 13. The event will feature a presentation on Gulfstream’s current status, programs and views of the Brazilian and Latin American market, followed by an informal discussion with Lombardo and other key Gulfstream executives.

The company will also conduct an on-site Operators’ Forum on Aug. 12 from 1:30 to 5:30 p.m. to provide updates and technical presentations on maintenance and operational subjects relevant to Gulfstream operators in Latin America.

Several members of the company’s senior leadership team will be on hand for the three-day air show, including Lombardo; Mark Burns, president, Product Support; and Larry Flynn, senior vice president, Marketing and Sales.

"The Gulfstream fleet in Latin America has grown dramatically since LABACE started in 2004," Flynn said. "With approximately 105 Gulfstream aircraft registered in the region, this is an excellent forum for us to showcase our efforts, demonstrate the capabilities of our aircraft, describe our research-and-development efforts and connect with current and potential customers."

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.