News Release

GULFSTREAM EXTENDS PACKAGE OF BENEFITS TO PRE-OWNED MID-SIZE AND SUPER MID-SIZE GULFSTREAM AIRCRAFT

Savannah, Georgia, Sept. 17, 2001 - Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE:GD), is offering the same package of benefits on previously owned Gulfstream 100® and Gulfstream 200® business jet aircraft that it has traditionally offered on the sale of other previously owned Gulfstream business jet aircraft.

The G100s, including all the in-service Astras, and all the G200s, previously known as the Galaxy, can now be sold and/or purchased through Gulfstream's Pre-Owned Sales Department.

"We're offering a wide range of benefits to buyers of previously owned aircraft through our Pre-Owned Aircraft Sales Division," said Jeff Cole, division vice president. "The package includes a limited warranty, pilot training for two pilots, maintenance training for one maintenance technician, and repainting the aircraft at no cost after delivery."

In addition, Gulfstream now offers brokerage services to individuals who seek either assistance in purchasing or selling a previously owned mid-size or super mid-size business jet aircraft.

"There are many benefits to entrusting an aircraft purchase or sale to Gulfstream's
Pre-Owned Sales Division," Cole said. "The limited pre-owned warranty we offer is just one example. Another is our extensive network of sales executives, known throughout the aviation industry. They are backed and supported by Gulfstream's world-renowned reputation."

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.