GULFSTREAM AEROSPACE HIRES PAUL PALMINTERI AS A PRE-OWNED AIRCRAFT SALES DIRECTOR

 

SAVANNAH, Ga., September 14, 2009 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE:GD), has hired Paul L. Palminteri as a pre-owned aircraft sales director, responsible for the sales of pre-owned aircraft in the Western United States, Western Canada, Central and South America, Asia and Australia. He will be based in the Los Angeles area.

"Paul brings more than 20 years of experience in aviation sales positions to Gulfstream," said Jim Ross, vice president, Pre-Owned Aircraft Sales, Gulfstream. "He knows the ins and outs of managing and marketing aircraft acquisitions, as well as the actual selling of aircraft."

Palminteri most recently served as vice president, aircraft sales, for Leading Edge Aviation Solutions in Parsippany, N.J. Prior to his five years there, he spent 10 years as vice president, aircraft sales, for Wings Aviation International Inc. in Franklin Lakes, N.J.

Palminteri earned a bachelor’s degree in economics from the University of Delaware and a master’s degree in finance from Farleigh Dickinson University in New Jersey.

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 some 1,800 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 G250®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range 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 Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs approximately 9,000 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 (NYSE: GD), headquartered in Falls Church, Va., employs approximately 92,000 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 General Dynamics is available online at www.gd.com.