News Release

GULFSTREAM'S ONBOARD INFRARED COUNTERMEASURE SYSTEM – AN EFFECTIVE DETERRENT TO RUNWAY TERRORISM
Recent Incidents of Shoulder-Launched Missile Attacks Pique Aircraft Operator Interest

SAVANNAH, Ga., Feb. 25, 2004 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), remains the only business jet manufacturer currently offering a Federal Aviation Administration-certified countermeasure device to deter shoulder-launched anti-aircraft missiles.

"As a result of continuing media coverage of potential and real missile attacks, we've seen a steady rise in the level of interest from our aircraft owners in the BAE Systems Matador Infrared Counter Measure (IRCM) system," said Bryan Moss, president, Gulfstream. "The IRCM addresses the ongoing threat both military and nonmilitary operators face when traveling in politically unstable regions. With IRCM onboard, they have available to them the best possible defense to these threats.

"To expect airports to acquire and deploy the resources necessary to effectively protect aircraft from this threat would be impractical," Moss added. "With an IRCM-equipped Gulfstream aircraft, passengers and crew have a level of protection that is reliable and tested and no matter where that aircraft flies into or out of, the IRCM is there to protect lives and property."

First certified by the Federal Aviation Administration in 2000 for use on the Gulfstream IV (GIV), the BAE Systems Matador IRCM system was certified last year for the large-cabin, ultra-long-range GV business jet. In addition to being available as a retrofit for GIV-series aircraft – the GIV and the GIV-SP – the IRCM is available as a retrofit on the Gulfstream large-cabin, long-range G400 and large-cabin, mid-range G300 aircraft. Depending on G450, G550 and G500 customer requirements, Gulfstream will file the necessary documents with the FAA to amend the current Supplemental Type Certificate (STC). Following approval of an amended STC, Gulfstream can install the system on the aircraft model that is specified in the STC amendment. To date, the FAA-certified Matador has been installed on one GV, one GIV, two G400 and six GIV-SP aircraft, some of which transport foreign heads of state. Cost for a fully installed and operational IRCM system is U.S. $2.25 million.

Twenty-five countries, including the United States, use Gulfstream aircraft to transport their heads of state. Gulfstream aircraft performance and reliability also allow them to serve in a variety of roles, including electronic intelligence gathering, multi-purpose transport, aerial surveillance, medical evacuation and weather research.

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 G300™; the large-cabin, mid-range Gulfstream G350™; the large-cabin, long-range Gulfstream G400™; 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, Va., employs approximately 67,600 people worldwide and had 2003 revenue of $16.6 billion. The company has leading market positions in land and amphibious combat systems, mission critical information systems and technologies, shipbuilding and marine systems, and business aviation. More information about the company can be found on the World Wide Web at www.generaldynamics.com.