News Release

GULFSTREAM SUCCESSFULLY PASSES FEDERAL AVIATION ADMINISTRATION MANUFACTURING OPERATIONS AUDITS
Results Confirm Gulfstream’s Commitment to Quality and Product Safety

SAVANNAH, Ga., May 17, 2004 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), recently passed a two-week-long audit by the Federal Aviation Administration (FAA) of the company’s business aircraft manufacturing operations in Savannah, Ga.

Because Gulfstream holds an FAA Production Certificate, the company’s Savannah and Mexicali manufacturing operations, as well as its suppliers of parts and components, are subject to audits by the FAA to ensure they are in compliance with all applicable requirements of the applicable Code of Federal Regulations (CFR) and the procedures established to meet those requirements. The FAA conducted its Aircraft Certification Systems Evaluation Program from April 12 through April 23. The seven-member FAA team audited the company’s design control, quality assurance, manufacturing processes and control, supplier control and internal audit organizations.

Additionally, the FAA conducted a Snap Shot II audit, which focused primarily on the processes in building individual components that make up the aircraft. In total, the FAA conducted more than 30 in-depth product, process and system audits throughout Gulfstream’s manufacturing operations.

"The overwhelming positive outcome of this audit is a direct result of Gulfstream employees’ commitment to excellence, professionalism and pride in their work," said Joe Lombardo, chief operating officer, Gulfstream. "They are the reason we performed as well as we did in this audit. They are the reason we continue to be the leading manufacturer of 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 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, Virginia, employs approximately 68,400 people worldwide and anticipates 2004 revenue of $19 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 can be found at www.generaldynamics.com