{"id":62958,"date":"2026-06-10T15:38:16","date_gmt":"2026-06-10T19:38:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/gm-pivots-battery-strategy-as-fisa-extension-and-defense-supply-concerns-loom\/62958\/"},"modified":"2026-06-10T15:38:16","modified_gmt":"2026-06-10T19:38:16","slug":"gm-pivots-battery-strategy-as-fisa-extension-and-defense-supply-concerns-loom","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/gm-pivots-battery-strategy-as-fisa-extension-and-defense-supply-concerns-loom\/62958\/","title":{"rendered":"GM Pivots Battery Strategy as FISA Extension and Defense Supply Concerns Loom"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>General Motors (<a href=\"\/stock\/GM\">GM<\/a>)<\/strong> signals a major shift away from <strong>Lithium Iron Phosphate (LFP)<\/strong> batteries for future electric vehicles, prioritizing <strong>Lithium Manganese-Rich (LMR)<\/strong> chemistry instead.<\/li>\n<li>The <strong>Ultium Cells<\/strong> plant in <strong>Spring Hill, Tennessee<\/strong>, is pivoting its LFP production entirely to <strong>stationary energy storage systems (ESS)<\/strong> starting this month.<\/li>\n<li>Senate Majority Leader <strong>John Thune<\/strong> expects a short-term <strong>FISA Section 702<\/strong> extension to originate in the House to prevent a program lapse this Friday.<\/li>\n<li>Defense industry titans, including <strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong> and <strong>RTX (<a href=\"\/stock\/RTX\">RTX<\/a>)<\/strong>, are preparing to meet with <strong>President Trump<\/strong> amid critical concerns over depleted missile and munition stockpiles.<\/li>\n<\/ul>\n<h2>GM Shifts Battery Focus to Energy Storage<\/h2>\n<p>General Motors (<a href=\"\/stock\/GM\">GM<\/a>) battery chief <strong>Kurt Kelty<\/strong> indicated that the automaker may abandon plans to use <strong>LFP batteries<\/strong> in its future EV lineup. While LFP cells offer a cost advantage of roughly <strong>$6,000 per vehicle<\/strong>, the company is now betting on <strong>LMR technology<\/strong>, which provides higher energy density for a similar production cost in the U.S.<\/p>\n<p>The company&#39;s <strong>$2.3 billion<\/strong> joint venture plant with <strong>LG Energy Solution<\/strong> in <strong>Spring Hill, Tennessee<\/strong>, will begin LFP production this month, but the output is now dedicated to <strong>grid-scale energy storage<\/strong> and data centers. This pivot allows GM to tap into the booming <strong>ESS market<\/strong>, which saw U.S. installations grow <strong>30% to 57.6 GWh<\/strong> in 2025, while addressing softer-than-expected EV demand.<\/p>\n<h2>FISA Extension Negotiations Move to the House<\/h2>\n<p>Senate Majority Leader <strong>John Thune<\/strong> (R-S.D.) signaled that a short-term extension of the <strong>Foreign Intelligence Surveillance Act (FISA)<\/strong> will likely start in the House. The current authority is set to expire this <strong>Friday, June 12<\/strong>, and lawmakers are struggling to reach a long-term agreement due to disputes over warrant requirements for Americans&#39; data.<\/p>\n<p><em>Market analysts suggest that a failure to extend the program could create uncertainty for government contractors in the intelligence and cybersecurity sectors.<\/em> <strong>President Trump<\/strong> has reportedly requested the short-term patch to allow more time for the confirmation of a permanent <strong>Director of National Intelligence<\/strong>.<\/p>\n<h2>Defense Leaders Sound Alarm on Missile Supplies<\/h2>\n<p>Executives from major defense contractors, including <strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong>, <strong>RTX (<a href=\"\/stock\/RTX\">RTX<\/a>)<\/strong>, and <strong>Northrop Grumman (<a href=\"\/stock\/NOC\">NOC<\/a>)<\/strong>, are set to meet with <strong>President Trump<\/strong> to discuss &quot;Production and Production Schedules.&quot; The meeting comes as military operations in the Middle East have significantly drained U.S. stockpiles of precision-guided munitions and interceptors.<\/p>\n<p>The <strong>Trump administration<\/strong> has been pressuring firms to prioritize production over shareholder returns, recently signing an executive order to identify &quot;underperforming&quot; contractors. Lawmakers on the <strong>Senate Armed Services Committee<\/strong> have warned that the current rate of munition usage is &quot;alarming,&quot; necessitating a rapid industrial ramp-up to maintain national security readiness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways General Motors (GM) signals a major shift away from Lithium Iron Phosphate (LFP) batteries for future electric vehicles, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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