News Release

GULFSTREAM 100® FILES FOR SEVEN CITY-PAIR RECORDS
Gulfstream Seeks NAA Recognition of World-Record Flights

Savannah, Georgia - Sept. 17, 2001 - Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE:GD), has filed applications for seven new world-speed records with the FAI (Federation Aeronautique Internationale) for nonstop flights by its Gulfstream 100 mid-size business jet aircraft over the Labor Day weekend.

Between Sept. 1 through Sept. 3, the G100 completed the following flights:

• Teterboro to New Orleans, 463 knots, two hours, 19 minutes
• Miami to New Orleans, 509 knots, 1 hour, 17 minutes
• New Orleans to Miami, 510 knots, 1 hour, 16 minutes
• Miami to Caracas, 522 knots, 2 hours, 37 minutes
• Caracas to New Orleans, 486 knots, 4 hours, 5 minutes
• New Orleans to Seattle, 495 knots, 4 hours, 14 minutes
• Seattle to New Orleans, 544 knots, 3 hours, 50 minutes

"The Gulfstream 100 has established a reputation as the performance leader in the mid-size category," said Bill Boisture, Gulfstream president and chief operating officer. "It's the only mid-size business jet aircraft that can fly from Boston to London nonstop."

Gulfstream has filed for city-pairs records in two categories, C-I.G (airplanes in the 19,842 - 26,455 pound weight class) and the unlimited weight class.

The record-breaking flights were flown by Captain Jerry Blessing, director of flight operations for the Gulfstream100 mid-size and Gulfstream 200 super mid-size business jet aircraft program, and Captain Scott Evans, chief pilot for the G100 and G200 program.

Data on each of the seven legs have been submitted to the National Aeronautic Association, the U.S. representative of the FAI, for review.

With a range of 3,000 nautical miles, the Gulfstream 100 business jet aircraft easily links Seattle with Miami, Paris with Tel Aviv or Hong Kong with Singapore. Aerodynamically superior, the G100 is one of only a handful of aircraft that can routinely cruise at .82 Mach

NOTE TO EDITOR

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE:GD), designs, develops, manufactures and markets the world's most technologically advanced intercontinental business jet aircraft. Gulfstream has produced more than 1,200 aircraft for customers around the world since 1958. To meet the aviation needs of its customers, Gulfstream offers a full range of aircraft products and services, including the Gulfstream 100®, Gulfstream 200®, Gulfstream IV-SP®, the ultra-long range Gulfstream V® and Gulfstream V-SP®, Gulfstream Shares®, Gulfstream Financial Services®, Gulfstream Lease®, Gulfstream Pre-Owned Aircraft Sales®, Gulfstream Charter Services®, Gulfstream Management Services® and Gulfstream ServiceCare®. The company employs more than 8,750 people at eight locations. We invite you to visit our Web site at www.gulfstream.com for photos of Gulfstream aircraft and related information.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 49,000 people and anticipates 2001 sales of approximately $11.5 billion. The company has leading market positions in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems. More information about the company can be found at www.generaldynamics.com.