News Release

Gulfstream Launches myGulfstream.com; Version 1.0 Offers Individualized Customer Portals Online Collaboration & Communication Provide Ultimate Customer Relationship-Management Tool

SAVANNAH, Ga., June 7, 2001 - Gulfstream Aerospace Corporation launched myGulfstream.com at its 35th Annual Gulfstream Operators' Conference June 5-8 in Savannah. myGulfstream.com is a secure, Web-based, customer communications vehicle that's accessible 24 hours a day from anywhere in the world where Internet access is available. myGulfstream.com offers a wide range of real-time, online communication and collaboration capabilities.

myGulfstream.com streamlines and simplifies communication between customers and their Gulfstream representatives. The technology will enable customers to exchange information online as well as to track and collaborate with their Gulfstream representative throughout the sales, contracts, completion and delivery business cycles. Progress updates on the status of aircraft production and completions will be available through digital photography.

"myGulfstream.com technology is an exciting evolution of Gulfstream's e.Business capabilities," says Kelvin Mason, chief information officer. "It enables our customer extranet to make the transition from a fleet orientation to individualized customer portals. A cross-functional, in-house team successfully defined and executed the vision. We're excited with the results and we're looking forward to working closely with our customers to identify new enhancements."

The program provides access to online Computerized Maintenance Program cutoff reports and task cards. "We are preparing to deliver online technical documents,"
Mason says. "By the fourth quarter of the year, our customers will be able to download pages from aircraft-specific maintenance manuals and place online part orders using an innovative, sophisticated graphical Interactive Parts Catalog. In the future, we'll provide additional Gulfstream aircraft services information and documentation."

"The ability to collaborate on mission-critical issues by sharing important, time-sensitive information and visual communications underscores Gulfstream's continued commitment to exceeding customer expectations," says Bill Boisture, Gulfstream's president and chief operating officer. "This new communications technology utilizing online services is just the beginning of the e.Gulfstream era."

In addition to customer- and aircraft-specific data immediately available on myGulfstream.com, the new system also provides customers with access to a wide variety of information including Customer Bulletins, MOLs, "The Member Ship" and Gulfstream Events. Customers also can access flight-tracking software, weather, stocks and other customizable links through myGulfstream.com.

"Beta testing has been initiated," Mason says. "We have asked customers to visit the customized portals and review the wide array of e.services and e.products myGulfstream.com offers. Based on favorable initial reactions, we've begun the transition from the customer extranet to myGulfstream.com."

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 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 seven 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 46,000 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.