News Release

GULFSTREAM APPOINTS DARRELL FREY GENERAL MANAGER OF SAVANNAH SERVICE CENTER

SAVANNAH, Ga., Aug. 18, 2003 --Darrell Frey has been appointed general manager, Savannah Service Center, Gulfstream Aerospace. In his new role, he will be responsible for all aircraft services performed on Gulfstream business jets in the Savannah facility.

For the past two years, Frey has served as general manager of the General Dynamics Aviation Services West Palm Beach aircraft service center. Both General Dynamics Aviation Services and Gulfstream Aerospace are wholly owned subsidiaries of General Dynamics (NYSE: GD).

"Darrell did a wonderful job in transitioning West Palm Beach into a world-class facility and growing the business there over the past two years," said Larry Flynn, president, Gulfstream Product Support. "We look forward to his return to Savannah."

Frey joined Gulfstream in 1987 as an aircraft maintenance technician and later was promoted to crew chief and then to manager of Savannah Service Center operations.

Frey served in the U.S. Navy, working on TC-4C aircraft for three years. He holds an airframe and powerplant (A&P) certification and is a member of the Professional Aviation Maintenance Association. Frey earned a bachelor's degree in business administration from Trinity University.

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 1,300 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 7,400 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, Va., employs approximately 64,600 people worldwide and estimates 2003 revenues of $15.5 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, shipbuilding and marine systems, and business aviation. More information about the company can be found on the World Wide Web at www.generaldynamics.com.