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General Dynamics Awarded $5 Million Contract to Perform Engineering Studies in Support of Mobile Gun System

LONDON, Ontario, Canada – The Canadian Department of National Defence has awarded General Dynamics Land Systems – Canada a $5 million CAD (approx. $4 million USD) contract to perform engineering feasibility studies in support of the Canadian Mobile Gun System program. These studies will assist the Department of National Defence in defining modifications to the Stryker Mobile Gun System to meet Canadian requirements. Studies are anticipated in a number of technical areas including communications, navigation and logistics support.

In April 2004, the Canadian Government announced that they would be entering into negotiations with General Dynamics Land Systems – Canada for the acquisition of 66 Mobile Gun Systems. These vehicles will provide direct-fire support and are a key element of the Canadian Army Transformation. The performance of these engineering studies will be an important part of the negotiation process.

The Mobile Gun System is a variant of the Stryker family of infantry combat vehicles that are currently being manufactured for use by the U.S. Army Stryker Brigade Combat Teams. On Thursday, October 14, 2004, the U.S. Army authorized low-rate initial production of the Stryker Mobile Gun System. All ten Stryker variants are now in full-rate or low-rate initial production.

General Dynamics Land Systems – Canada, located in London, Ontario, Canada is a business unit of General Dynamics Land Systems of Sterling Heights, Michigan. For more than 25 years, approximately 1,500 highly skilled technical personnel at the company have designed, manufactured and delivered a unique family of light armoured vehicles (LAV). More information on the company is available at www.gdlscanada.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,600 people worldwide and anticipates 2004 revenue in excess 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, October 22, 2004
Press Contact: (519) 964-5813