News Release

GULFSTREAM G400™ AND G300™ BUSINESS JETS RECEIVE JOINT AVIATION AUTHORITIES (JAA) VALIDATION

SAVANNAH, Ga., July 10, 2003 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), recently received Joint Aviation Authorities (JAA) validation of its large-cabin, long-range Gulfstream G400 and large-cabin, mid-range Gulfstream G300 business jets. This validation enables the two aircraft models to be certified and registered within the 37 European nations’ aviation authorities that comprise the JAA.

"Receipt of JAA validation to work on both Gulfstream G300s and G400s at our London Luton service and maintenance center further strengthens and enhances our first class international product support network," said Bryan Moss, president, Gulfstream. "Now our customers, whether based in Europe or visiting from anywhere in the world, can be assured of Gulfstream-quality service for their aircraft."

To receive JAA validation for aircraft that have been certified by an aviation authority of a non-JAA-member country, the JAA must verify compliance with all of its applicable airworthiness requirements. To achieve this, the JAA works closely with the certifying country’s aviation authority and the aircraft manufacturer.

"This validation is the product of outstanding cooperation between the JAA, the FAA (Federal Aviation Administration) and Gulfstream," said Pres Henne, senior vice president programs, engineering and test, Gulfstream. "The cooperation continues with our current effort to attain JAA validation of our two ultra-long-range aircraft – the Gulfstream G550™ and Gulfstream G500™ – which we expect to receive by the end of this year."

Introduced in September 2002, the G400 and G300 are both capable of flying nonstop from the continental United States to numerous cities in Europe. With a range of 4,100 nautical miles, the G400 can fly eight passengers nonstop from Washington, D.C. to Rome in 8 hours, 40 minutes. With a range of 3,600 nautical miles, the G300 can fly up to eight passengers from New York to Paris in under 7 hours.

NOTE TO EDITOR

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 1,300 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 G300™; the large-cabin, long-range Gulfstream G400™; 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 7,400 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, Va., employs approximately 57,000 people worldwide and anticipates 2003 revenues of $15 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company can be found on the World Wide Web at www.generaldynamics.com.