News Release

GULFSTREAM SALES FORCE REORGANIZED TO FOCUS ON EXPANDING MARKET SHARE
Realignment of Responsibilities for Key Accounts and New Business

SAVANNAH, Ga., Jan. 27, 2003 - Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), has announced a reorganization of its North American and pre-owned sales organizations to better align individual talents and skills in promoting Gulfstream's recently expanded business jet aircraft fleet to new businesses and key accounts.

"The organization is now structured to take maximum advantage of the competitive opportunity provided by the new product line," said Bill Boisture, Gulfstream president.

In September 2002, Gulfstream announced its new product line, which includes the large-cabin, ultra-long-range Gulfstream G550; the large-cabin, ultra-long-range Gulfstream G500; the large-cabin, long-range Gulfstream G400; the large-cabin, mid-range Gulfstream G300; the large-cabin, mid-range Gulfstream G200; the wide-cabin, high-speed Gulfstream G150; and the mid-cabin, high-speed Gulfstream G100.

"This comprehensive new product line allows Gulfstream to compete at all price and performance points in the mid- through ultra-long-range business jet market," Boisture added.

Raynor Reavis, senior vice president, marketing and sales, announced the newly realigned sales team:

• Keith Nadolski - vice president, North American sales - key accounts
• Scott Plumb - vice president, North American sales - new business
• Jim Dobbins - division vice president, West - key accounts
• Scott Neal - division vice president, East - key accounts
• Jeff Cole - division vice president, East - new business
• Richard Emery - division vice president, West - new business
• Mike Ellis - vice president, pre-owned sales
  

Additionally, Gulfstream has created the position of director, interior outfitting, to support the aircraft sales team. Pat Franssen, who has 24 years of aircraft interior design experience, will provide leadership in this new position by defining aircraft interior configurations earlier in the aircraft sales process.

NOTE TO EDITOR

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 1,300 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, long-range Gulfstream G400®; 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 7,800 people at eight 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 54,000 people worldwide and had 2002 revenues of $13.8 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.