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Bath Iron Works Awarded $7 Million Contract for Lead Yard Services on the DDG 51 class Aegis Destroyer Program

BATH, Maine – The U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $7.4 million contract to provide ongoing Lead Yard Services for the DDG 51 Arleigh Burke-class AEGIS Destroyer Program. This option modifies a contract initially awarded in November 2005.

Bath Iron Works (BIW) has provided program management, engineering and design support for DDG 51 Arleigh Burke-class ships under the Lead Yard Services program since 1987, supplying technical assistance in the interpretation and application of the detailed design developed by BIW, the lead shipyard for the class.

Bath Iron Works, a leader in surface combatant design and construction, employs approximately 5,900 people. Since 1991, BIW has manufactured and delivered 29 Arleigh Burke-class destroyers, the most technologically advanced surface combatant in the world, to the U.S. Navy. Five additional ships are currently under construction for delivery by 2011.

General Dynamics, headquartered in Falls Church, Va., employs approximately 84,600 people worldwide and anticipates 2008 revenues of approximately $29.5 billion. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.

September 12, 2008
Contact: Jim DeMartini
Tel: (207) 442-1695
Email: jim.demartini@gdbiw.com



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