Fitch rates General Dynamics notes issues A

Fitch Ratings said it assigned an A rating to General Dynamics Corp.'s planned issuance of $900 million 1% senior unsecured notes maturing 2017, $1 billion 2.25% senior unsecured notes maturing 2022 and $500 million 3.6% senior unsecured notes maturing 2042.

The outlook is stable.

Key factors that support the ratings include General Dynamic's solid credit metrics, strong free cash flow, financial flexibility and liquidity position, high defense spending levels, competitive position in business jets and defense and large backlog.

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