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GM Defense is the military product subsidiary of General Motors, headquartered in Concord, North Carolina. It focuses on defense industry needs with hydrogen fuel cell and other advanced mobility technologies. [ 2] GM Defense projects include SURUS (Silent Utility Rover Universal Superstructure), an autonomous modular platform joint project ...
In 2015, out of its budget of $3.97 trillion, the US spent $637 billion on the military. In 2016, the US spent 3.29% of its GDP on its military (considering only basic Department of Defense budget spending), more than France's 2.26% and less than Saudi Arabia 's 9.85%. [ 133 ]
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
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Some GM and Ford EVs will lose the $7,500 federal tax credit this year, but GM is taking steps to make sure it's only temporary. GM to offer $7,500 discount on EVs that don't qualify for tax ...
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The U.S. will send $1.7 billion in military aid to Ukraine, officials announced on Monday, including an array of munitions for air defense systems, artillery, mortars and anti-tank and anti-ship ...
Located at 950 E Milwaukee Ave. Produced aircraft and tank assemblies, 90 mm AA guns, 5” naval gun housings and Lockheed missile parts during World War II. Located at 4000-4500 S. Saginaw St. Originally a Durant Motors plant. Bought by GM in 1925 and became Fisher Body Plant No. 1 - Flint.