News Release

GULFSTREAM V-SP TEST ARTICLE COMPLETES 100TH FLIGHT
Gulfstream's Experimental Business Jet Basis for FAA Certification

SAVANNAH, Ga., July 16, 2002 - A Gulfstream V-SP (GV-SP) experimental aircraft completed its 100th flight July 2. Commonly referred to as a test article, the modified Gulfstream V (GV) has been used to flight-test newly developed GV-SP aircraft systems to ensure optimum operating performance and to meet certification requirements of the Federal Aviation Administration (FAA).

Since August of last year, the GV-SP test article has flown 100 flights, involving 185 hours and more than 43,000 nautical miles. Flights were conducted under conditions of rain, fog and darkness. Conducting initial evaluations, FAA pilots and engineers have flown with eight different Gulfstream experimental test pilots, including John O'Meara, Gulfstream director, flight test.

"The GV-SP test article enables us to install our most advanced engineering and avionics concepts and transform them to reality," said O'Meara. "This test article is our most important development tool. In flight, as we test a system's operability, we also identify any potential discrepancies that need to be reworked. That way, we're best able to ensure our customers are completely satisfied with their aircraft throughout its lifecycle."

GV-SP flight-testing has encompassed a variety of aircraft pilot- and safety-related systems, including advanced electronic displays, visual guidance systems, graphical flight planning, autopilot and the Gulfstream Enhanced Vision System™ (EVS). First of its kind to be certified by the FAA, the Gulfstream EVS significantly improves pilot situational awareness during conditions of reduced visibility and at night by providing the pilot an optical image that includes runway markings, taxiways, adjacent roads and surrounding landscape. The GV-SP is expected to receive full FAA certification during the fourth quarter this year.

"As The World Standard™ in business aviation, Gulfstream has long been committed to unparalleled performance, safety and reliability," said Gulfstream President Bill Boisture. "The new Gulfstream V-SP will be no exception; our test pilots will make sure this aircraft upholds our 40-year tradition of delivering the best aircraft in the business," he added.

The GV-SP, the first of which is expected to be delivered before the end of next year, will fly at altitudes up to 51,000 feet and at speeds of up to .88 Mach. It will be able to fly eight passengers and four crewmembers 6,750 nautical miles - the longest range available in a business jet. In effect, the GV-SP will be able to fly directly from New York to Tokyo in 14 1/2 hours without having to stop to refuel - guaranteed. Takeoff performance has also been improved. For a given mission, the GV-SP can take off in 200 feet less runway than a GV.

In addition to performance and safety, the GV-SP was designed to enhance passenger comfort. Compared to its predecessor, the GV, the GV-SP provides passengers more usable cabin space, 25 percent more baggage space and two additional signature oval windows, enhancing the passenger's view and increasing the amount of natural light in the cabin.

NOTE TO EDITORS

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics, designs, develops, manufactures, markets and services 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 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 Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 7,800 people at eight 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 54,000 people worldwide and had 2001 revenues of $12 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