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General Dynamics Delivers Submarine Jimmy Carter to U.S. Navy

GROTON, Conn. – General Dynamics Electric Boat today delivered the Jimmy Carter (SSN-23), the nation’s newest and most advanced submarine, to the U.S Navy. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

The Jimmy Carter honors the 39th President of the United States – the only submarine-qualified man who went on to become the nation’s chief executive. It will join the fleet in a commissioning ceremony to be held Feb. 19 at the Navy submarine base in Groton.

Differentiating the Jimmy Carter from all other submarines is its Multi-Mission Platform (MMP) configuration, which includes a 100-foot, 2,500-ton hull extension. The MMP enhances payload capability, enabling the ship to accommodate advanced technology required to develop and test an entirely new generation of weapons, sensors, and undersea vehicles. At the same time, the submarine retains the operational characteristics of the Seawolf class – the fastest, quietest, most heavily armed undersea combatants in the world.

Selected by the Navy to serve as a test bed for submarine missions in the 21st century, the Jimmy Carter will support classified research, development, test, and evaluation efforts for naval special-warfare missions, tactical undersea surveillance, and undersea warfare concepts.

“By applying our design/build process to the MMP, the Electric Boat workforce made a seamless and cost-effective transition from conceptual development, to engineering and design, and production,” said John P. Casey, president of Electric Boat.

“In fact, the MMP – equivalent in complexity to a complete SSN-688 class submarine – has progressed from a notional state to construction and integration into the overall ship in less than five years, essentially cutting the procurement time in half. By any measure, it is a remarkable technological achievement, reflecting Electric Boat’s commitment to continued submarine excellence,” said Casey.

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.

Characteristics of the Jimmy Carter

Length 453 feet
Displacement 12,139 tons (submerged)
Beam 40 feet
Speed More than 25 knots
Depth More than 800 feet
Payload Special Operations Forces, Unmanned Undersea Vehicles, Unmanned Aerial Vehicles, Advanced SEAL Delivery System (ASDS), Tomahawk Land-Attack Cruise Missiles, Mark 48 Advanced Capability Torpedoes Crew 151 officers and men

Other ships of the Seawolf class

USS Seawolf (SSN-21)
USS Connecticut (SSN-22)

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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 - Wednesday, December 22, 2004
Press Contact: (860) 433-8556



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