SAN DIEGO, Dec. 23, 2014 

U.S. Navy Awards General Dynamics $498 Million for Mobile Landing Platform Afloat Forward Staging Base 

The U.S. Navy has awarded General Dynamics NASSCO a $498 million contract for the detail design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). NASSCO is a wholly owned subsidiary of General Dynamics (NYSE: GD).

Under this option, NASSCO will provide the detail design and construction efforts to build the second AFSB of the Mobile Landing Platform-class ships. The work will be performed at NASSCO's San Diego shipyard and is scheduled to be completed by March 2018.

The MLP AFSB is a flexible platform and a key element in the Navy's large-scale airborne mine countermeasures mission. With accommodations for 250 personnel and a large helicopter flight deck, the MLP AFSB will provide a highly capable, innovative and affordable asset to the Navy and Marine Corps.

More information about NASSCO, please visit www.nassco.com.

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

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SOURCE General Dynamics NASSCO

CONTACT: Media: Dennis DuBard, General Dynamics NASSCO, office: 619-544-8860 / cell: 619-890-7542/ email: DDuBard@nassco.com; Investors: Erin Linnihan, General Dynamics, office: 703-876-3583 / email: elinnihan@generaldynamics.com

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