GULFSTREAM G150 SETS SPEED RECORD BETWEEN GANDER AND GENEVA

Aircraft Beats Previous Record By 37 Minutes

SAVANNAH, Ga., July 20, 2011 - Gulfstream Aerospace Corp.’s G150 demonstration aircraft recently set a world speed record between Gander, Newfoundland, Canada, and Geneva, Switzerland, beating the existing record by 37 minutes.

The wide-cabin, high-speed aircraft travelled the 2,464 nautical miles (4,563 km) between the two cities in 5 hours and 6 minutes. Its average cruise speed was Mach 0.80.

Pilots for the flight were International Captains David Steinfeldt and Nick Rose. The aircraft, en route to the 2011 European Business Aviation Conference and Exhibition (EBACE), carried four passengers.

The G150 has a range of 3,000 nautical miles (5,556 km) at its normal cruise speed of Mach 0.75.

The National Aeronautic Association has confirmed the record and sent it to the Federation Aeronautique Internationale in Switzerland for approval as a world record.

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 1,900 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 G280®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range Gulfstream 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 Pre-Owned Aircraft Sales®. The company employs more than 10,000 people at 10 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, Virginia, employs approximately 90,000 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 the company is available on the Internet at www.generaldynamics.com.