GULFSTREAM IV FLEET SURPASSES THREE MILLION FLIGHT HOURS

GULFSTREAM IV FLEET SURPASSES THREE MILLION FLIGHT HOURS
GIV Series Business Jets In Service for 20 Years

SAVANNAH, Ga., Oct. 16, 2007 – The Gulfstream IV / IV-SP in-service business-jet fleet has surpassed three million flight hours. In service for 20 years, the GIV/GIV-SP remains the best-selling large-cabin, long-range business jet in its class with 535 aircraft of that family sold.





“The GIV significantly raised the bar in terms of what customers expected of their business jets,” said Joseph T. Lombardo, president, Gulfstream. “Today, these jets continue to serve their owners and operators well.”

At 99.92 percent dispatch reliability, the GIV continues to achieve one of the highest reliability ratings in the industry. For nearly two decades, the GIV, and later the GIV-SP, was the long-range aircraft of choice for business-jet aircraft customers, including heads of state, private individuals and air charter companies around the world. Gulfstream modeled two of its current in-production business-jet aircraft – the long-range G450 and the mid-range G350 – after the GIV/GIV-SP design.

The GIV was certified by the Federal Aviation Administration on April 22, 1987, and entered service on June 8, 1987. Gulfstream introduced the “special performance” GIV-SP in September 1992. The enhanced aircraft featured an updated landing package and increased takeoff and landing weight that allowed for heavier payloads and more flexibility in outfitting. The GIV/GIV-SP aircraft was manufactured for 16 years, with the last GIV entering service on September 13, 2003.

NOTE TO EDITORS

Gulfstream Aerospace Corporation, a wholly owned subsidiary of General Dynamics (NYSE: GD), designs, develops, manufactures, markets, services and supports the world's most technologically advanced business-jet aircraft. Gulfstream has produced some 1,600 aircraft for customers around the world since 1958. To meet the diverse transportation needs of the future, Gulfstream offers a comprehensive fleet of aircraft, comprising the wide-cabin, high-speed Gulfstream G150®; the large-cabin, mid-range Gulfstream G200®; the large-cabin, mid-range Gulfstream G350®; the large-cabin, long-range G450®; the large-cabin, ultra-long-range Gulfstream G500® and the large-cabin, ultra-long-range Gulfstream G550®. Gulfstream also offers aircraft ownership services via Gulfstream Financial Services Division and Gulfstream Pre-Owned Aircraft Sales®. The company employs more than 9,100 people at seven major locations. We invite you to visit our Web site for more information and photos of Gulfstream aircraft at www.gulfstream.com.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 82,900 people worldwide and anticipates 2007 revenues of more than $27 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 online at www.generaldynamics.com.



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