General Dynamics Receives $15 Million U.S. Navy Award for Common Missile Compartment Development

   General Dynamics Receives $15 Million U.S. Navy Award for Common Missile
                           Compartment Development

PR Newswire

GROTON, Conn., Jan. 10, 2014

GROTON, Conn., Jan. 10, 2014 /PRNewswire/ -- The U.S Navy has awarded General
Dynamics Electric Boat a $15 million contract modification to continue
development of the Common Missile Compartment for the Ohio replacement
submarine and the United Kingdom's Successor ballistic-missile submarine.
Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Electric Boat will procure long-lead-time material for the Common Missile
Compartment's integrated missile-tube and hull. Initially awarded in December
2012, the five-year, $1.85 billion contract calls for Electric Boat to perform
research and development work for the Navy's next-generation ballistic-missile
submarine, which is scheduled to begin construction in 2021. The potential
value of the overall contract is $2.3 billion.

This work will engage Electric Boat's engineering and design organization,
which comprises more than 4,000 employees. Possessing proven technical
capabilities, these employees work on all facets of the submarine lifecycle
from concept formulation and design through construction, maintenance and
modernization, and eventually to inactivation and disposal.

More information about General Dynamics is available at
www.generaldynamics.com.

www.gdeb.com

SOURCE General Dynamics Electric Boat

Website: http://www.gdeb.com
Contact: Media: Robert Hamilton, General Dynamics Electric Boat, (860)
433-8556; Investors: Erin Linnihan, General Dynamics, (703) 876- 3583