News Release

GULFSTREAM INCREASES THE NUMBER OF SPARE PARTS IN ITS GULFSAVE PROGRAM BY MORE THAN 1,000 ITEMS
Gulfstream Provides Customers Wider Array of Market-Priced, High-Demand Components and Reduces Prices

SAVANNAH, Ga., Oct. 28, 2003 -- Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), has increased the number of spare parts offered under its GulfSave program by 1,069, while reducing prices on every one of them.

The GulfSave program was introduced five years ago to address the rising cost of aircraft spare parts. Since that time, Gulfstream has increased the number of items offered to nearly 1,500 parts, while significantly reducing component prices.

"As part of Gulfstream's industry-leading product support organization, GulfSave was created to ensure our customers have available to them competitively priced, high-demand parts when they need them," said Larry Flynn, president, product support, Gulfstream. "In addition to competitive prices and quick turn-around, our customers can expect Gulfstream's high level of customer service with every transaction conducted."

All GulfSave items are sold "a-la-carte," unlike many original equipment manufacturers who compel operators to purchase spare parts packages that often include unneeded parts. In addition, all GulfSave spare parts include an ironclad one-year warranty, backed by 46 years of business aviation expertise.

Gulfstream II, III, IV, V, G300, G400, G500 and G550 operators who choose GulfSave spare parts have the advantage of a single point of contact, 1-800-810-GULF. Experienced salespersons ensure the correct parts are identified, available and shipped from the nearest Gulfstream parts distribution center.

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 1,400 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, long-range G450™; 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 6,750 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, Virginia, employs approximately 66,900 people worldwide and estimates 2003 revenues of $16.1 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.