
                                         Exhibit 11, 1st Quarter 1997
                                           Form 10-Q, Commission File
                                                        Number 1-3671
<TABLE>
                              
                GENERAL DYNAMICS CORPORATION
                              
       STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
                              
                         (UNAUDITED)
                              
        (Dollars in millions, except per share data)
                              
                              
                              
<S>                                     <C>                 <C>
                                              First Quarter
                                         1997                1996

NET EARNINGS                            $    71             $    65

Weighted average common shares 
  outstanding                           63,077,336          63,217,801


NET EARNINGS PER SHARE - PRIMARY        $  1.12             $  1.02

Common Shares from above                63,077,336          63,217,801
Assumed exercise of options (treasury 
   stock method)                           332,475             373,458
                                        63,409,811          63,591,259


NET EARNINGS PER SHARE - FULLY DILUTED  $  1.12             $  1.02

Common shares from above                63,077,336          63,217,801
Assumed exercise of options (treasury 
  stock method)                            332,475             373,458
                                        63,409,811          63,591,259


</TABLE>

