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Keyword: geaerospace

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  • Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

    04/16/2026 6:22:59 PM PDT · by yesthatjallen · 30 replies
    Reuters ^ | 04 16 2026 | Staff
    Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ​of companies including General Motors (GM.N), opens new tab and Ford Motor (F.N), opens new tab, the ‌Wall Street Journal reported on Wednesday, citing people familiar with the discussions. The preliminary and wide-ranging talks, which started before the war in Iran, come as the Trump ​administration wants automakers and other American manufacturers to play a ​larger role in weapons production, the Journal said. Defense officials told ⁠the newspaper that American manufacturers might be needed to backstop ​traditional defense contractors and asked whether the...
  • Hyundai to invest $20B in US manufacturing

    03/24/2025 10:59:53 AM PDT · by SeekAndFind · 19 replies
    Fox News via MSN ^ | 03/24/2025 | Daniella Genovese
    Hyundai plans to invest $20 billion to bring manufacturing operations to the U.S., a White House official confirmed to FOX Business. Part of the investment from the South Korean automaker will go toward building a next-generation steel plant. The materials will be used in two of its U.S. plants and will employ 1,500 people. The rest of the money will be earmarked to expand manufacturing in the U.S. The automaker is the latest among a growing number of companies announcing plans to increase investment in the U.S. under the Trump administration, which has been using tariffs to encourage companies to...