General Dynamics NASSCO Delivers Final Double-Hulled Tanker to BP Shipping August 18, 2006 -- SAN DIEGO, CA -- General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), today delivered a fourth and final double-hulled oil tanker, the Alaskan Legend, to BP Shipping Ltd., a wholly owned subsidiary and ship operating division of BP p.l.c. (ADR: BP). The Alaskan Legend will depart San Diego on August 21, to join its NASSCO-built sister ships already in service: the Alaskan Frontier, Alaskan Explorer and Alaskan Navigator. The ship is capable of carrying up to 1.3 million barrels of crude oil and will operate between Alaska and western U.S. ports. The ship is double-hulled, diesel-electric powered, equipped with 20 separate cargo tanks, and has all of its cargo transfer piping inside the hull rather than on its decks to reduce the chance of accidental spills. NASSCO began constructing the ship in October 2004. Located in San Diego, NASSCO employs more than 4,500 people and is the only major ship construction yard on the West Coast of the United States. The shipyard currently has contracts to build eight T-AKE ships for the U.S. Navy and as many as 14 product carriers for U.S. Shipping Partners L.P. Additional information on NASSCO can be found at www.nassco.com. General Dynamics, headquartered in Falls Church, Virginia, employs approximately 81,900 people worldwide and had 2005 revenue of $21.2 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 can be found online at www.generaldynamics.com.

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