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General Dynamics Awarded $7.4 Million Contract for Trident Launcher Subsystem Control Group Production

ARLINGTON, Virginia – The U. S. Navy has awarded General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), a $7.4 million contract modification to continue production of the Launcher Subsystem Control Group for two Trident ballistic missile submarines.

The Launcher Subsystem Control Group is a hardware and software package that monitors the missile tubes and controls the launching of missiles. Under this contract, originally awarded in June 2003, General Dynamics will produce, deliver and install two shore-based facility kits and two submarine alteration kits as part of the backfit of those submarines from the Trident I C4 missile system to the Trident II D5 missile system.

Work under this contract is scheduled to be completed by the end of 2007. The total value of the contract, after all options are exercised, is expected to be $14.4 million.

Mike Tweed-Kent, vice president and general manager of the Maritime Digital Systems business unit, said, "This award is significant because it has expanded our traditional role with our Strategic Systems Programs customer and leads the way for the work we are performing on the SSGN program. We were selected because of our proven track record of integrating shipboard electronics using commercial-off-the-shelf products while ensuring high reliability and affordable cost."

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 66,900 people worldwide and anticipates 2003 revenues of approximately $16.1 billion. The company has leading market positions in mission-critical information systems and technologies, land and amphibious combat systems, 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 - Tuesday, November 25, 2003
Press Contact: (703) 271-7452