General Dynamics Appoints Daniel G. Clare to be President of Jet Aviation

Clare has been senior vice president and chief financial officer for Gulfstream Aerospace Corporation, another General Dynamics business unit, since 2000.


FALLS CHURCH, Va., June 30, 2011 /PRNewswire/ -- General Dynamics (NYSE: GD) announced today that Daniel G. Clare, 52, will become president of its Jet Aviation business unit on July 1.  Clare will report to Joseph T. Lombardo, executive vice president of General Dynamics' Aerospace group.  Clare, a vice president of General Dynamics Corp., will succeed Peter G. Edwards, who announced his departure from Jet Aviation on June 20.

Clare has been senior vice president and chief financial officer for Gulfstream Aerospace Corporation, another General Dynamics business unit, since 2000.  In that position he was responsible for providing financial services and support to all Gulfstream operations, including accounting, treasury, tax, financial reporting and analysis.  He also was responsible for the company's information technology organization.

Clare joined Gulfstream in 1998 as director of finance for Aircraft Services. Prior to joining Gulfstream, he was vice president and chief financial officer for Liberty Technologies Inc.  Earlier, he served in a variety of financial management positions throughout the General Electric Company.  Clare holds a bachelor's degree in accounting from The Pennsylvania State University.

In making the announcement Lombardo said, "Dan is an able and talented leader who has a deep understanding of the aviation services industry, its customers and opportunities.  Dan has been instrumental in implementing the financial discipline that supports Gulfstream's performance across the business cycle, and that experience will be valuable as he works with the Jet Aviation team to continue exceeding customers' expectations for world-class service."

Jet Aviation, a wholly owned subsidiary of General Dynamics, was founded in Switzerland in 1967 and is one of the leading business aviation services companies in the world. Close to 5,000 employees cater to client needs from 24 airport facilities throughout Europe, the Middle East, Asia and North and South America. The company provides maintenance, completions and refurbishment, engineering, fixed base operations, along with aircraft management, charter services, aircraft sales and personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of more than 200 aircraft. More information is available at www.jetaviation.com

More information about General Dynamics is available at www.generaldynamics.com.

SOURCE General Dynamics

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