Exhibit 12
General Dynamics Corporation
Ratio of Earnings to Fixed Charges
(Dollars in Millions)
| 9/28/2008 | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||||||||
Earnings From Continuing Operations Before Income Taxes | $ | 2,829 | $ | 3,253 | $ | 2,751 | $ | 2,284 | $ | 1,998 | $ | 1,468 | ||||||
Fixed Charges: | ||||||||||||||||||
Interest Expense | $ | 98 | $ | 131 | $ | 156 | $ | 154 | $ | 157 | $ | 108 | ||||||
Estimate of interest element of rental expense | 55 | 75 | 68 | 61 | 67 | 39 | ||||||||||||
Total Fixed Charges | $ | 153 | $ | 206 | $ | 224 | $ | 215 | $ | 224 | $ | 147 | ||||||
Ratio of earnings to fixed charges | 18.5 | 15.8 | 12.3 | 10.6 | 8.9 | 10.0 | ||||||||||||
