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General Dynamics Acquires Engineering Technology Inc.

ST. PETERSBURG, Fla. - General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD),today announced that is has acquired Engineering Technology Inc. (ETI), an Orlando, Fla.-based research and development company. ETI, which employs approximately 50 people, will become a part of General Dynamics Ordnance and Tactical Systems of St. Petersburg, Fla.

ETI's principal product is the engineering, design and construction of special-purpose munitions and mechanical, electromechanical, electronic and electro-optic devices.

General Dynamics Ordnance and Tactical Systems manufactures large- and medium-caliber ammunition, bomb bodies and precision metal components; provides explosive load, assemble and pack services for a variety of tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems.

Michael S. Wilson, president of General Dynamics Ordnance and Tactical Systems, said, “We are pleased to welcome ETI’s employees to General Dynamics. This acquisition is a significant step forward in meeting our product expansion and growth objectives in the worldwide munitions market.

General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,600 people worldwide and anticipates 2004 revenue in excess of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company can be found at www.generaldynamics.com


	General Dynamics Acquires Engineering Technology Inc. ST. PETERSBURG, Fla. - General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE: GD),today announced that is has acquired Engineering Technology Inc. (ETI), an Orlando, Fla.-based research and development company. ETI, which employs approximately 50 people, will become a part of General Dynamics Ordnance and Tactical Systems of St. Petersburg, Fla. ETI's principal product is the engineering, design and construction of special-purpose munitions and mechanical, electromechanical, electronic and electro-optic devices. General Dynamics Ordnance and Tactical Systems manufactures large- and medium-caliber ammunition, bomb bodies and precision metal components; provides explosive load, assemble and pack services for a variety of tactical missile and rocket programs; and designs and produces shaped charge warheads and control actuator systems. Michael S. Wilson, president of General Dynamics Ordnance and Tactical Systems, said, “We are pleased to welcome ETI’s employees to General Dynamics. This acquisition is a significant step forward in meeting our product expansion and growth objectives in the worldwide munitions market. General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,600 people worldwide and anticipates 2004 revenue in excess of $19 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company can be found at www.generaldynamics.com