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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]
Many stores are offering a competitive military discount this year for Memorial Day. Some have Memorial Day specials for veterans, as well as discounts that may stack on top of general...
Members of the U.S. military sign up to put themselves into danger in situations that most civilians couldn't dream of doing, no matter which branch of the service they are in. Other than on...
In 1997, GM sold the military businesses of Hughes Aircraft Company to Raytheon Company for $9.5 billion in stock and the assumption of debt. In February 2000, Rick Wagoner was named CEO, succeeding Smith. The next month, GM gave 5.1% of its common stock, worth $2.4 billion, to acquire a 20% share of Fiat.
The Commercial Utility Cargo Vehicle (CUCV) (later Light Service Support Vehicle (LSSV)) (CUCV / ˈ k ʌ k v iː / KUK-vee) is a vehicle program instituted to provide the United States military with light utility vehicles based on civilian trucks.
Military discount. A discount offered to customers who are or were members of a military service. Types of military discounts include discounts for active-duty military, veterans, retired military personnel, and military spouses or dependents.
Stop-loss policy. In the United States military, stop-loss is the involuntary extension of a service member's active duty service under the enlistment contract in order to retain them beyond their initial end of term of service (ETS) date and up to their contractually agreed end of active obligated service (EAOS).
The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York.
Inflation has emerged as one of the most stubborn political problems for President Biden in his re-election campaign, and price growth hit a grim new milestone this week in a blow to the White House.
In June 2007, GM sold its military and commercial subsidiary, Allison Transmission, for $5.6 billion. Having sold off the majority, it will, however, keep its heavy-duty transmissions for its trucks marketed as the Allison 1000 series.
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