News Release

GULFSTREAM INITIATES NEW SUBSCRIPTION PARTS PROGRAM FOR G100 AND ASTRA AIRCRAFT OWNERS "Budget Plus™"
Allows G100 and Astra Operators To Better Manage Maintenance Costs

SAVANNAH, Ga., April 7, 2005 - Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), today introduced Budget Plus™, a spare parts subscription service that will enable G100 and Astra owners and operators in North, Central and South America and Europe to better manage their annual maintenance.

Commencing today as a 12-month pilot program in the United States and Latin America, Budget Plus is a cost-assured parts provision program for G100 and Astra operators. For a flat hourly fee, Gulfstream provides exchange and consumable parts to G100 and Astra operators on an as-needed basis. All parts are included with the exception of engine, APU (auxiliary power unit) and avionics parts, which are covered under separate maintenance programs offered by the engine and avionics manufacturers. Additionally, G100 and Astra operators who subscribe to the program automatically receive a 10-percent discount on the cost of labor when the work is performed at a Gulfstream or General Dynamics Aviation Services service center.

"Budget Plus was developed to address the specific needs of our G100 and Astra operators," said Larry Flynn, president, product support, Gulfstream. "While the G100/Astra fleet is experiencing a dispatch reliability rate in excess of 99.6 percent, subscribers of the program will have even more control of their maintenance budget on a month-by-month basis."

Ten G100/Astra operators, including six Latin American operators, are participating in the pilot program. Analysis of this groups' one-year maintenance history helped determine their subscription fees, which take into account the age and usage of the aircraft and therefore, vary among the G100 and Astra operators.

"As Budget Plus participants, G100 and Astra operators will welcome the simplicity this program will bring to the service personnel entrusted to maintain their aircraft," Flynn added. "They can expect their parts will always be available, that they will be shipped promptly and consistently will be of the highest quality and reliability. Their maintenance teams will spend less time on the phone or handling paperwork and more time with the aircraft."

Gulfstream operates five U.S.-based service centers located in Long Beach, Calif.; Dallas; Appleton, Wis.; Brunswick, Ga.; and Savannah, Ga.; as well as another service center in London, England, all of which provide comprehensive product support, including maintenance, inspections, testing, refurbishment and system and component installations for Gulfstream business-jet aircraft.

Gulfstream also manages six General Dynamics Aviation Services service centers in the United States. Located in Las Vegas; Dallas; Minneapolis; Appleton, Wis.; Westfield, Mass.; and West Palm Beach, Fla.; the General Dynamics Aviation Services facilities provide product support for Challenger, Citation, Falcon, Gulfstream, Hawker, Lear and Westwind business-jet aircraft.

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 more than 1,400 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 mid-cabin, high-speed Gulfstream G100™; the wide-cabin, high-speed Gulfstream G150™; the large-cabin, mid-range Gulfstream G200™; the large-cabin, mid-range Gulfstream G350™; the large-cabin, long-range G450™; the large-cabin, ultra-long-range Gulfstream G500™ and the large-cabin, ultra-long-range Gulfstream G550™. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 6,750 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 70,200 people worldwide and had 2004 revenue of $19.2 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company is available on the Internet at www.generaldynamics.com.