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NASSCO Delivers Fourth Product Carrier

Maritime Activity Reports, Inc.

July 14, 2010

On July 13, General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), delivered the fourth ship of its State-class product carriers to American Petroleum Tankers, LLC, a joint venture of the Blackstone Financial Group.  The ship is named Empire State, the state nickname of New York. NASSCO began constructing the Empire State in January 2009.  At a length of 600.4 ft, the double-hulled ship has a cargo capacity of approximately 331,000 barrels.  The Empire State will be used initially to carry refined petroleum products for the Department of Defense under a commercial charter. 

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