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GULFSTREAM G150 SETS TWO NEW CITY-PAIR SPEED RECORDS ON LAST TWO LEGS OF AN AROUND-THE-WORLD TOUR

Wide-Cabin, High-Speed G150 Makes Transatlantic Crossing in Under 4 1/2 Hours

SAVANNAH , Ga. , May 9, 2007 – A wide-cabin, high-speed G150 business jet set two city-pair speed records during a recent 17-leg, around-the-world tour conducted by Gulfstream to demonstrate the super-mid-size airplane’s versatility. It was on the last two legs of the 23,360-nautical mile journey – from Farnborough , U.K., to Gander, Newfoundland, Canada , and from Gander to Savannah – that the two records were established.

Piloted by Gulfstream international demonstration captain Mike Jarrett and Gulfstream demonstration captain Mike Perry, the G150 took off from Farnborough International Airport at 12:43 p.m. local time on April 3. With two passengers on board, the G150 flew 2,196 nautical miles, landing 4 hours, 24 minutes later at Gander International Airport.

After the G150 was refueled, pilots Jarrett and Perry set the second city-pair speed record on their final leg of the world tour. The G150 flew 1,600 nautical miles in 3 hours and 42 minutes, landing at Savannah-Hilton Head International Airport at 3:28 p.m., local time.

Gulfstream has submitted applications to the National Aeronautic Association to confirm the new records.

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 ® 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 7,900 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 82,600 people worldwide and had 2006 revenues of $24.1 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 online at www.generaldynamics.com.

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