THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

General Dynamics Corporation (GD)

3/31/2006 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.

3/18/2005 Proxy Information

Lester Crown is the father of James S. Crown. Before the passing of his wife in 2002, Charles H. Goodman was the cousin by marriage of Lester Crown.

A subsidiary of the Company had a consulting agreement with Paul G. Kaminski, which was terminated in June 2003. While no consideration was paid under this arrangement in 2004, New York Stock Exchange rules require companies to look back three years in assessing whether a director is independent based on certain direct and indirect transactions involving the company and the director. Solely as a result of this look-back provision and the payments to Mr. Kaminski in 2002 under the consulting agreement.

3/19/2004 Proxy Information

Lester Crown is the father of James S. Crown. Prior to the passing of his wife in June of 2002, Charles H. Goodman was the cousin by marriage of Lester Crown.

A subsidiary of the Company was a party to a consulting agreement (the “Consulting Agreement”) with Paul G. Kaminski, which agreement was terminated in June 2003. Prior to the termination of the Consulting Agreement, the subsidiary paid $19,561 to Mr. Kaminski for his services and for related travel expenses. The services formerly provided by and compensation paid to Mr. Kaminski pursuant to the Consulting Agreement were in addition to the services Mr. Kaminski provides and the compensation he receives as a member of the Board of Directors. The Board has determined that the Consulting Agreement did not establish a material relationship with the Company.

Compensation Committee Interlocks and Insider Participation. Exchange Building Corporation, a subsidiary of Henry Crown and Company, leases from an unrelated third party certain property, part of which it provided to Material Service Corporation as a site for barge transportation activity. Material Service Corporation is a subsidiary of the Company. Under a 1987 agreement, which expired in October 2003 and was not renewed, Exchange Building Corporation charged Material Service Corporation an amount approximately equal to Exchange Building Corporation’s lease cost for such property. This arrangement enabled Material Service Corporation to enjoy the benefit of lease rates in place since 1967. Material Service Corporation paid $87,183 to Exchange Building Corporation in 2003. Messrs. James S. Crown and Charles H. Goodman (members of the Compensation Committee) are officers of Exchange Building Corporation, and Messrs. James S. Crown, Lester Crown and Charles H. Goodman are directors of Exchange Building Corporation. Messrs. James S. Crown, Lester Crown and Charles H. Goodman, and/or members of the immediate families of each of them, have indirect equity interests in Exchange Building Corporation. The Board of Directors has determined that the arrangement with Exchange Building Corporation did not establish a material relationhsip with the Company.

3/28/2003 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.