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U.S. Joint Forces Command Extends General Dynamics Contract for Engineering and Technical Support

SUFFOLK, Va. – General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), has been awarded an $18 million contract modification to continue its support of the U.S. Joint Forces Command’s Joint Experimentation Program. Work will be performed in Suffolk, Va., and includes continued research and development, engineering, formulation and analysis of joint operational concepts.

This modification extends the original contract, awarded in March 2001, until July 2004, and brings the total value to $129 million. This modification includes a base period valued at $12 million and an option period with a value of $6 million. Fleet and Industrial Supply Center Norfolk, Philadelphia Detachment, awarded the modification in support of the Joint Forces Command.

The mission of the Joint Experimentation Program is to develop, explore and assess new joint warfighting concepts, organizational structures and emerging technologies through discovery, innovation and experimentation, in order to drive transformational changes that achieve the optimal future joint force capability.

Headquartered in Arlington, Va., General Dynamics Advanced Information Systems provides transformational mission solutions in command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) to customers in the defense, intelligence, homeland security and homeland defense communities. More information can be found at www.gd-ais.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 68,400 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.

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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 - Friday, May 7, 2004
Press Contact: (703) 271-7316