News Release

GULFSTREAM IV-SP COMPLETES NONSTOP RECORD FLIGHT EN ROUTE TO MOSCOW AIR SHOW
Gulfstream Files for High-Speed Record On Nonstop Flight from Bedford (MA) to Moscow

Savannah, Georgia, Sept. 5, 2001 - Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE:GD), will file for a world speed record for a Gulfstream IV-SP nonstop flight Aug. 12 from Bedford, MA, to Moscow. The aircraft was en route to Moscow to take part in the Moscow Air Show.

The fully outfitted Gulfstream IV-SP business jet aircraft departed Bedford's Hanscom Field carrying four passengers and a crew of three on Aug. 12. The aircraft reached a maximum cruise speed of Mach .80 before landing with NBAA IFR reserves at Vnukovo Airport in Moscow. The long-range Gulfstream IV-SP completed the 3,895-nautical-mile flight in 8 hours, 23 minutes.

Gulfstream will file for world speed records in two categories: C1.K (airplanes in the 55,116 pound to 77,162 pound weight class), and the unlimited weight class.

"This is just one more notable accomplishment in the long and proud history of the Gulfstream IV-SP fleet," said Joe Walker, senior vice president, worldwide sales. "This super-efficient, high-performance aircraft has it all: safety, performance, reliability and comfort. Our customers continue to tell us that it's the best long-range, large-cabin business jet on the market today."

Bob McKinney, Med Ragheb and Kitty Ramage were the flight crew on the GIV-SP during the record flight.

The GIV-SP was on display at Moscow's Zhukovsky Airport through August 16 for the Moscow Air Show.

With a maximum range of 4,220 nautical miles, the GIV-SP long-range business jet aircraft consistently meets the needs of the world's business leaders, governments and discerning individuals. With 429 aircraft in service, the GIV fleet has accumulated more than 1.5 million flight hours and posted a reliability rate of 99.6 percent.

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.