General Dynamics Acquires Applied Physical Sciences Corp.

          General Dynamics Acquires Applied Physical Sciences Corp.

PR Newswire

FALLS CHURCH, Va., Dec. 21, 2012

FALLS CHURCH, Va., Dec. 21, 2012 /PRNewswire/ -- General Dynamics (NYSE: GD)
today acquired Applied Physical Sciences Corp. of Groton, Conn., in a cash
transaction for an undisclosed price. Applied Physical Sciences is a leading
provider of applied research and development services, and will complement the
engineering programs of General Dynamics Electric Boat, a wholly owned
subsidiary of General Dynamics.

Applied Physical Sciences offers research, development, engineering and
prototyping services to government and commercial customers in the areas of
acoustics, signal processing, marine hydrodynamics and electromagnetics. It
is an industry leader in the fields of directional underwater transducers,
maritime and ISR (intelligence, surveillance and reconnaissance) sensing and
communication systems, and special purpose underwater devices for government
laboratories, universities and industry. The company has 95 employees.

Kevin J. Poitras, president of General Dynamics Electric Boat, said, "This
acquisition enhances Electric Boat's ability to respond to emerging submarine
requirements using the engineering knowledge and rapid-prototyping
capabilities of Applied Physical Sciences, and gives the talented
professionals at Applied Physical Sciences additional insight into the needs
of the U.S. submarine fleet."

"The greatest beneficiary of this acquisition will be the U.S. Navy, which
will get more capable submarines to use in maintaining its global undersea
dominance," Poitras said.

Charles N. Corrado, president of Applied Physical Sciences, said, "Our new
relationship with General Dynamics and Electric Boat will greatly enhance our
ability to transition systems to the submarine fleet. We are excited about the
new opportunities this will provide to have a real impact on U.S. Navy
capabilities, and to grow the company."

Applied Physical Sciences' headquarters and manufacturing facility are located
in Groton. It also has offices in Lexington, Mass.; Arlington and Suffolk,
Va.; and San Diego.

General Dynamics Electric Boat designs, constructs and provides life cycle
support for U.S. Navy nuclear submarines.

More information about General Dynamics is available online at

SOURCE General Dynamics

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Investors, Amy Gilliland, +1-703-876-3748,
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