GENERAL DYNAMICS CORP — Director's Dealing 2013

May 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2013-05-03

Reporting Person: Hugh Redd (Sr. V. P. & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-03	Common Stock, $1.00 par value	M	114600	$40.09	Acquired	194798	Direct
2013-05-03	Common Stock, $1.00 par value	S	86990	$75.148	Disposed	107808	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-03	Stock Options	$40.09	M	114600	Disposed	2014-03-03	Common Stock (114600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	11710	Indirect
Common Stock, $1.00 par value	15289.432	Indirect

Footnotes

F1: Sale prices ranged from $74.930 to $75.362. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.

F2: Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.

F3: Fifty percent became exercisable on 3/4/10 and the remaining fifty percent became exercisable on 3/4/11.