Gulfstream Announces Changes to Senior Management Team

Savannah, GA, May 12, 2008: Gulfstream Aerospace, a subsidiary of General Dynamics (NYSE: GD), today announced changes to its senior management team, precipitated by the scheduled retirement of Raynor Reavis, senior vice president, Marketing and Sales.

“I am delighted to announce the appointment of Larry Flynn as senior vice president, Marketing and Sales,” said Joe Lombardo, president, Gulfstream Aerospace. “Larry has been a member of the Gulfstream leadership team for the past 11 years. As such, he has had an active say in the direction and growth of the company and has been responsible for managing our award-winning, international product support network.”

Flynn, who joined Gulfstream in 1995, is also a vice president of General Dynamics and has been president, Gulfstream Product Support, and president, General Dynamics Aviation Services. In these last two appointments, he was responsible for managing 12 company-owned service centers as well as an international network of authorized repair stations.

When he assumes his new position on June 30, Flynn will turn over his product support responsibilities to Mark Burns, a 25-year Gulfstream veteran who has been vice president, Customer Support, Gulfstream Product Support. Burns has been directly involved in customer support activities in progressively senior appointments for the past 16 years. As of June 30, 2008, he will be president, Gulfstream Product Support, and president, General Dynamics Aviation Services, and join Gulfstream’s leadership team.

“Raynor Reavis leaves behind an impressive record of new product launches and record sales growth during his tenure,” continued Lombardo. “Because Larry has been responsible for ensuring our customers remain satisfied after the sale with their choice of a Gulfstream business jet, his knowledge of our customer base is outstanding. And Mark’s expertise in product support ensures we will maintain our leadership position in this all-important area.”

Reavis has had a long and distinguished career in the aviation industry. In addition to his appointments at Gulfstream, he also held senior sales positions with NetJets, Raytheon Aircraft, British Aerospace and the initial start-up of SimuFlite Training International. He is a graduate of Baylor University with a bachelor’s degree in business administration and economics.

Flynn has a bachelor’s degree in business administration and a master’s degree in manpower management from the University of Kansas. He and his wife, Sarah, live in Hilton Head. They have two daughters.

Burns holds a degree in mechanical engineering from Georgia Southern University. He and his wife, Donna, live in Savannah. They have two children.

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 some 1,600 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 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®; the large-cabin, ultra-long-range Gulfstream G550® and the ultra-large-cabin, ultra-long-range G650®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,100 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 84,000 people worldwide and reported 2007 revenues of $27.2 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

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