News Release

GULFSTREAM AEROSPACE APPOINTS JOHN HODSKINS DIVISION VICE PRESIDENT, MID-SIZE ACCOUNTS

Savannah, Georgia - October 8, 2001 - - John Hodskins has been named western division vice president, sales, mid-size accounts, for Gulfstream Aerospace Corp. He will be responsible for the sale of Gulfstream V-SP, Gulfstream V, Gulfstream IV-SP, and will oversee the mid-size sales efforts for the Gulfstream 200® and Gulfstream 100® aircraft. He will manage the sale of mid-size aircraft for the western U.S. division, consisting of the Midwest, Rocky Mountain, Southwest, Texas and Pacific Northwest regions.

Hodskins, who has more than 30 years of aircraft sales experience, most recently served as Galaxy Aerospace Corp.'s eastern division vice president of sales. Galaxy Aerospace was purchased by Gulfstream's parent company, General Dynamics (NYSE:GD) in June. Prior to joining Galaxy in 1998, he served as the vice president, sales and marketing, for Kal-Aero, Inc., a provider of aircraft services in Battle Creek, Mich.

During his career, Hodskins also has been senior vice president, sales and marketing for Allen Testproducts; senior vice president, sales, for Hauseman, Inc.; vice president and general manager, Citation division, for Cessna Aircraft; national program manager for Xerox; and a pilot for Air West Airlines and Northwest Airlines. Earlier, he was an industrial marketing instructor for Western Michigan University and consultant to the university's Service Quality Institute.

"Gulfstream is fortunate to have John in its aircraft sales organization," said Mike Ellis, vice president, North America sales, mid-size accounts. "John's extensive knowledge of the aerospace business combined with his flexibility and easy-going nature make him the logical choice to lead our western sales force."

After completing a bachelor's degree in aerospace engineering science from the University of Colorado, Hodskins earned an MBA with an emphasis in marketing and finance from Western Michigan University.

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 100®, Gulfstream 200®, 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 eight 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 49,000 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.