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General Dynamics Awarded $12.5 Million in Delivery Orders for Bradley Transmissions

STERLING HEIGHTS, Mich. – The U.S. Army Tank-Automotive and Armaments Command has awarded General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), two delivery orders totaling $12.5 million as part of a $43.2 million firm-fixed price contract for the conversion of unserviceable government-furnished Bradley Fighting Vehicle transmissions to serviceable HMPT500-3ECA transmissions.

The work will be completed by March 2005 at General Dynamics Land Systems’ Muskegon, Michigan, facility.

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 - Monday, July 12, 2004
Press Contact: (586) 825-7980



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