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General Dynamics Receives $23.5 Million Contract for Enhanced-Capability Bradley Reactive Armor

BURLINGTON, Vt. – General Dynamics Armament and Technical Products, a business unit of General Dynamics (NYSE: GD), has been awarded a $23.5 million order from the U.S. Army’s TACOM/ARDEC Picatinny Arsenal for the production of 80 enhanced-capability reactive armor vehicle sets for the Bradley Fighting Vehicle. Work will be completed by January 2005.

Equipped with General Dynamics’ reactive armor, the Bradley is better able to withstand a direct hit from a variety of anti-armor munitions, including shoulder-fired rocket propelled grenades.

This order represents the continuation of a successful program with the Army and a successful relationship with General Dynamics’ strategic partner, Rafael Ordnance Systems of Haifa, Israel, which will share 50 percent of the production workload. The production program will be directed from General Dynamics Armament and Technical Products’ Burlington, Vermont, operations. This week’s contract boosts total production numbers to 545 sets since the inception of the program.

General Dynamics Armament and Technical Products provides a broad range of system solutions for military and commercial applications. The company designs, develops and produces high-performance armament systems; a full range of advanced composite-based products; biological and chemical detection systems; and mobile shelter systems. More information about General Dynamics Armament and Technical Products can be found on the World Wide Web at www.gdatp.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 64,600 people worldwide and estimates 2003 revenues of $15.5 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.

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Any "forward-looking statements" contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

General Dynamics Corporation (ticker: GD, exchange: NYSE)
News Release - Tuesday, September 23, 2003
Press Contact: (802) 657-6246