General Dynamics Awarded $66 Million for Planning Yard Services for DDG 51 and FFG 7 Ships

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June 18, 2012 Contact: Dixie Stedman Tel: 207 442 1203 dixie.stedman@gdbiw.com General Dynamics Awarded $66 Million for Planning Yard Services for DDG 51 and FFG 7 Ships BATH, Maine The U. S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $66.1 million contract to provide ongoing planning yard services for the DDG 51 Arleigh Burke-class guided missile destroyer and the FFG 7 Oliver Hazard Perry-class frigate programs. The contract includes options which, if exercised and fully funded by the Navy, would bring the total value of the contract to $371.6 million and extend the performance period through 2016. Bath Iron Works manages post-delivery maintenance and modernization activities for all DDG 51-class ships and all FFG 7-class ships, including design, material kitting, logistics, planning and execution. The company is currently supporting 84 ships. The majority of work is performed in Maine, as well as in Norfolk, Va.; Mayport, Fla.; San Diego; Everett, Wash.; Pearl Harbor, Hawaii; and Yokosuka, Japan. Jeff Geiger, president of Bath Iron Works, said, We are committed to supporting the Navy with highquality, affordable post-delivery and modernization services to help ensure the readiness and capability of the fleet around the world. This award indicates confidence on the part of the Navy in our ability to maintain DDGs and FFGs well into the future. More information about General Dynamics Bath Iron Works can be found at. More information about General Dynamics is available at www.generaldynamics.com. # # #

September 20, 2012 Bath Iron Works Awarded $39 Million for DDG 1000 Class Services BATH, Maine The U.S. Navy has awarded General Dynamics Bath Iron Works, a business unit of General Dynamics (NYSE: GD), a $38.9 million modification to a previously awarded contract to perform class and engineering services associated with the detail design and construction of DDG 1000 Zumwaltclass ships. Bath Iron Works will continue to provide manufacturing support services such as engineering, design, production control, accuracy control and information technology. Other class-support efforts include program management, contract and financial management, procurement and configuration/data management. The original contract was awarded in September 2011. Work is expected to be completed by October 2013. Jeff Geiger, president of Bath Iron Works, said, With all three Zumwalt-class ships now under construction, this award demonstrates the Navy s continued confidence in Bath Iron Works. The contract enables us to continue supporting the construction of DDG 1000-class ships and allows us to maintain the critical shipyard skills needed to efficiently produce them. Zumwalt (DDG 1000) is over 60 percent complete and we are leveraging what we ve learned in building the lead ship to support our DDG 1001 and 1002 construction efforts. We remain focused on delivering high-quality, affordable Bath-built ships to the U.S. Navy. The DDG 1000 Zumwalt-class destroyer is the U.S. Navy s next-generation, guided-missile naval destroyer, leading the way for a new generation of advanced multi-mission surface combat ships. The ships will feature a low radar profile, an integrated power system and a total ship computing environment infrastructure. Armed with an array of weapons, the Zumwalt-class destroyers will provide offensive, distributed and precision fires in support of forces ashore. More information about General Dynamics Bath Iron Works can be found at. More information about General Dynamics is available at www.gd.com.

December 20, 2012 General Dynamics Bath Iron Works Completes Historic DDG 1000 Deckhouse Module Erection BATH, Maine On December 14, 2012, General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), erected the composite deckhouse for Zumwalt (DDG 1000), the U.S. Navy s next generation destroyer, and in the process achieved two new milestones in the company s 128-year history: a 900-ton, four-crane, static lift of the deckhouse module for DDG 1000, and a record-breaking movement of the ship and deckhouse on the shipyard s Land Level Transfer Facility, the total combined weight of which exceeded 13,000 tons. The 900-ton deckhouse module, built in Gulfport, Miss., was shipped by barge to Bath Iron Works for installation on the ship, which is under construction at the company s Bath shipyard. The 155-foot-long, 60-foot-high and 60-foot-wide module was lifted to a height of approximately 100 feet using four cranes: two of Bath Iron Works 300-ton capacity cranes and two additional 400-ton cranes provided by Reed & Reed, Inc., a construction company headquartered in Woolwich, Maine. Once at the prescribed height, the ship s 610-foot hull was then moved into position beneath the suspended module using the shipyard s electro-hydraulic ship transfer system. After confirming final positioning of the deckhouse and ship, the module was lowered into place. The ship, including the newly erected deckhouse, was then moved back to its original building position for continued construction. The 900-ton lift more than doubled the shipyard s previous heaviest-lift record and the movement of the ship and deckhouse far exceeded any previous ship or module movements by Bath Iron Works. Jeff Geiger, president of Bath Iron Works, said, This was an historic and highly complex evolution encompassing months of upfront engineering, planning and preparation. The entire process was executed with great precision and disciplined teamwork by all involved. The outstanding support and services provided by Reed & Reed are worthy of special mention. The overall success of this effort is another strong statement about the capabilities and skills of the 5,200 men and women of Bath Iron Works and our Navy customer. As has been demonstrated for over 100 years, the Bath Iron Works /Navy Team will deliver the finest surface ships to the fleet, worthy of the Bath-Built legacy.

February 28, 2012 General Dynamics Bath Iron Works Awarded Contract to Build Additional DDG 51-class Destroyer BATH, Maine The U. S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), a $663 million modification to a previously awarded contract to construct DDG 116, an Arleigh Burke-class guided missile destroyer. DDG 116 is the fourth ship in the Navy s Arleigh Burke-class construction-continuation program. Bath Iron Works is also under contract for the construction of DDG 115, the third ship in the program. Jeff Geiger, president of Bath Iron Works, said, All of us at Bath Iron Works are very pleased the Navy chose to build DDG 116 in Bath. This additional work will enable us to further refine our shipbuilding processes, reduce costs and maintain the level of Bath-built quality which the Navy expects from us. We understand the importance of affordability in today s challenging economic times and we re committed to providing the Navy highly capable, affordable ships while maintaining quality Maine shipbuilding jobs that contribute to our national security. DDG 51 multi-mission guided missile destroyers operate in support of carrier battle groups, surface action groups, amphibious groups and replenishment groups, providing a complete array of anti-submarine, antiair and anti-surface capabilities. Designed for survivability, the ships incorporate all-steel construction and have gas turbine propulsion. The combination of the ships Aegis combat system, the vertical launching system, an advanced anti-submarine warfare system, two embarked SH-60 helicopters, advanced antiaircraft missiles and Tomahawk anti-ship and land-attack missiles make the Arleigh Burke class the most powerful surface combatant ever put to sea. More information about General Dynamics Bath Iron Works can be found at. More information about General Dynamics is available at www.gd.com. # # #

December 19, 2012 General Dynamics Bath Iron Works Awarded $49 Million for DDG 51 Programs BATH, Maine The U.S. Navy has awarded General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), two contracts in support of the DDG 51 Arleigh Burke-class guided missile destroyer program. Bath Iron Works is the lead shipyard and design agent for the class. The first contract, valued at $28.3 million, is for lead yard services for the DDG 51 program. This option modifies a contract initially awarded in March 2012. Since 1987, Bath Iron Works has provided design and technical assistance for design upgrades and major changes to the two shipyards currently building DDG 51-class destroyers. This contract highlights our well-established record of providing the U.S. Navy and other shipyards with high-quality support to keep the fleet of DDG 51-class of ships up-to-date and ready to respond whenever and wherever needed, said Jeff Geiger, president of Bath Iron Works. The lead yard services contract keeps approximately 130 of our highly skilled engineers, designers and planners fully engaged in the technical aspects of the DDG 51 program. The second contract, valued at $21.1 million, is for the post-shakedown availability (PSA) for USS Michael Murphy (DDG 112). The contract includes options which, if exercised, would bring the total value of this contract to $27.1 million. Bath Iron Works is the prime contractor and is teamed with BAE Systems for this work which will be performed in the ship s homeport of Pearl Harbor, Hawaii. Work is expected to be completed by August 2013. Geiger said, Being competitively awarded this PSA contract is particularly meaningful since USS Michael Murphy was our 34 th Arleigh Burke-class ship and the best and most complete destroyer we have delivered to the U.S. Navy. This award demonstrates that our U.S. Navy customer continues to be confident in our ability to execute high-quality PSAs at an affordable price. more

Bath Iron Works is currently constructing Rafael Peralta (DDG 115) and Thomas Hudner (DDG 116) under the Navy s DDG 51 continuation program. More information about General Dynamics Bath Iron Works may be found at More information about General Dynamics is available at www.gd.com ###

Geiger continued, It also highlights the pivotal role of our Land Level Transfer Facility. As a result of investment and cooperation between General Dynamics, the Navy, the state of Maine and the city of Bath, we were able to bring this state-of-the-art facility on line in 2001, improving our processes, productivity and competitive position. We are preserving the Bath-Built is Best-Built heritage as well as many quality jobs in Maine for shipbuilders and the hundreds of Maine-based suppliers with whom we do business. Without our experienced workforce and the Land Level Transfer Facility, we couldn t have accomplished this effort. A brief time lapse video of the DDG 1000 deckhouse erection, along with more information about General Dynamics Bath Iron Works, can be found at. More information about General Dynamics is available at www.gd.com. # # #

December 20, 2012 General Dynamics Bath Iron Works Completes Historic DDG 1000 Deckhouse Module Erection BATH, Maine On December 14, 2012, General Dynamics Bath Iron Works, a subsidiary of General Dynamics (NYSE: GD), erected the composite deckhouse for Zumwalt (DDG 1000), the U.S. Navy s next generation destroyer, and in the process achieved two new milestones in the company s 128-year history: a 900-ton, four-crane, static lift of the deckhouse module for DDG 1000, and a record-breaking movement of the ship and deckhouse on the shipyard s Land Level Transfer Facility, the total combined weight of which exceeded 13,000 tons. The 900-ton deckhouse module, built in Gulfport, Miss., was shipped by barge to Bath Iron Works for installation on the ship, which is under construction at the company s Bath shipyard. The 155-foot-long, 60-foot-high and 60-foot-wide module was lifted to a height of approximately 100 feet using four cranes: two of Bath Iron Works 300-ton capacity cranes and two additional 400-ton cranes provided by Reed & Reed, Inc., a construction company headquartered in Woolwich, Maine. Once at the prescribed height, the ship s 610-foot hull was then moved into position beneath the suspended module using the shipyard s electro-hydraulic ship transfer system. After confirming final positioning of the deckhouse and ship, the module was lowered into place. The ship, including the newly erected deckhouse, was then moved back to its original building position for continued construction. The 900-ton lift more than doubled the shipyard s previous heaviest-lift record and the movement of the ship and deckhouse far exceeded any previous ship or module movements by Bath Iron Works. Jeff Geiger, president of Bath Iron Works, said, This was an historic and highly complex evolution encompassing months of upfront engineering, planning and preparation. The entire process was executed with great precision and disciplined teamwork by all involved. The outstanding support and services provided by Reed & Reed are worthy of special mention. The overall success of this effort is another strong statement about the capabilities and skills of the 5,200 men and women of Bath Iron Works and our Navy customer. As has been demonstrated for over 100 years, the Bath Iron Works /Navy Team will deliver the finest surface ships to the fleet, worthy of the Bath-Built legacy.

Geiger continued, It also highlights the pivotal role of our Land Level Transfer Facility. As a result of investment and cooperation between General Dynamics, the Navy, the state of Maine and the city of Bath, we were able to bring this state-of-the-art facility on line in 2001, improving our processes, productivity and competitive position. We are preserving the Bath-Built is Best-Built heritage as well as many quality jobs in Maine for shipbuilders and the hundreds of Maine-based suppliers with whom we do business. Without our experienced workforce and the Land Level Transfer Facility, we couldn t have accomplished this effort. A brief time lapse video of the DDG 1000 deckhouse erection, along with more information about General Dynamics Bath Iron Works, can be found at. More information about General Dynamics is available at www.gd.com. # # #