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U.S. Navy Awards General Dynamics $13 Million Contract for Submarine Planning Services

GROTON, Conn. – The U. S. Navy has awarded General Dynamics Electric Boat a $13-million contract modification for an additional year of reactor-plant planning yard services. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,900 people worldwide and had 2004 revenue of $19.2 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 21, 2005
Press Contact: (860) 433-8556



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