News Release

GULFSTREAM G450 AND G350 RECEIVE FEDERAL AVIATION ADMINISTRATION PRODUCTION TYPE CERTIFICATE
G450 and G350 On Schedule for First Customer Deliveries Next Year

SAVANNAH, Ga., Nov. 29, 2004 – Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics (NYSE: GD), today received the Production Certificate (PC) for its large-cabin, long-range G450 and large-cabin, mid-range G350 business jets from the Federal Aviation Administration's (FAA) Atlanta Manufacturing Inspection District Office (MIDO).

The PC confirms Gulfstream's production processes for the G450 and G350 are in compliance with Federal Aviation Regulation (FAR) Part 21. The FAA issued the PC after Gulfstream completed an FAA Production Certificate District Office audit, which examined Gulfstream's supplier, manufacturing and quality systems to ensure products are produced in accordance with the aircraft design.

Gulfstream's President Bryan Moss and Chief Operating Officer Joe Lombardo accepted the PC from the FAA during a ceremony at Gulfstream's headquarters in Savannah, Ga.

"This Production Certificate is a commendable achievement and serves as recognition to everyone in our Engineering, Materials, Operations and Quality departments," Lombardo said. "Because of their efforts, and the teamwork with the FAA, we were able to adopt the same systems used for the G500 and G550 despite the design and build differences of the G350 and G450."

The FAA issued the Type Certificate (TC) for the G450 on August 12. The FAA issues a TC when it is confident the new aircraft has met all the airworthiness requirements as defined in

FAR Pars 25, 33 and 34. On November 19, the G450 received a Type Certificate from the European Aviation Safety Agency, enabling the aircraft to be registered in 25 European Union countries. The first G450 will enter service in the second quarter of next year.

Introduced in February this year, the G350 received its FAA Type Certificate November 1. The first G350 is expected to enter service in the third quarter next year.

NOTES TO EDITORS

G450: Introduced just over a year ago, the G450 builds on the success of the GIV/GIV-SP - the best-selling long-range business jet ever produced. Like its sister ship, the large-cabin, ultra-long-range G550, the G450 features the exclusive PlaneView cockpit. With its four large flight displays, Honeywell's Primus Epic Avionics and Visual Guidance System (VGS) and the award-winning Gulfstream Enhanced Vision System (EVS), this advanced cockpit was developed to improve safety of flight by enhancing pilot situational awareness while reducing pilot workload.

Powered by two Rolls-Royce Tay 611-8C engines, the G450 can fly 4,350 nautical miles nonstop; that's equivalent to flying eight passengers nonstop from Madrid to Caracas or Dallas to Paris, even on a very hot day.

The G450 cabin has undergone significant improvements. Gulfstream relocated avionics equipment forward of the cabin door to improve access to the cabin and create more usable space for passengers - both in the cabin and in the baggage department. With three distinct living areas, the G450 provides seating for up to 16 passengers and comes fully appointed.

G450 passengers, especially those on long intercontinental flights, will appreciate the relaxing cabin atmosphere with three temperature zones, ample light streaming through 12 heated signature oval windows, 100 percent fresh air and a cabin altitude of 6,000 feet.

The G450 was developed by the same internal team that developed the G550; the large-cabin, ultra-long range G500; and the large-cabin, mid-range G350. Earlier this year, the National Aeronautic Association honored the G550 team with the 2003 Collier Trophy, aviation's most prestigious award, citing its "leading-edge achievement in designing, testing and building an innovative aircraft while incorporating measurable safety enhancements and far-reaching advances in aerospace technology."

The G450, G550, G500 and G350 share numerous aircraft systems in common as well as the same pilot type rating. This commonality translates to training and maintenance cost savings for operators of fleets that include two or more of these aircraft models.

G350: Compared to other business jets in its class, the G350 offers the fastest long-range cruise speed at Mach 0.80 and the longest range - up to 3,800 nautical miles nonstop. Additionally, because the G350 requires only 5,050 feet to take off, smaller airports with shorter runways are accessible. The G350 is powered by two Rolls-Royce Tay 611-8C engines, each producing 13,850 pounds of thrust.

The G350 is similar in design to its sister ship, the large-cabin, long-range G450. While the G450 can fly 550 nautical miles farther than the G350, both aircraft feature the same spacious cabin, unmatched reliability and outstanding level of product support. Like the G450, the G350 cabin configuration comfortably accommodates 16 passengers in three distinct seating areas and has ample room in its baggage compartment for hanging garment bags, oversized luggage and promotional materials.

Looking beyond their similar appearance, both the G450 and G350 share the same flight control systems, engines, the advanced PlaneView flight deck, the Honeywell Primus Epic® avionics architecture, an updated Honeywell 36-150 APU, and numerous upgraded systems, including electrical power and environmental control systems.

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 G350™; 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 71,600 people worldwide and anticipates 2004 revenue of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company can be found at www.generaldynamics.com.