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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.
The legislation reduced the multiplier for years of service up to 20 years from 2.5% to 2.0%. As such, a member retiring with 20 years of service would rate a monthly payment equal to 40% of the highest-paid 36 months of service. This represented a 20% drop in compensation from the preceding system.
Nike, Inc. Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [5] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
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]
e. Military service is service by an individual or group in an army or other militia, air forces, and naval forces, whether as a chosen job ( volunteer) or as a result of an involuntary draft ( conscription ). Some nations, such as Israel, require a specific amount of military service from every citizen, except for special cases, such as ...
The 20 largest U.S. defense contractors ranked by their defense revenue as of 2020. Attempts to conceptualize something similar to a modern "military–industrial complex" existed before Eisenhower's address. Ledbetter finds the precise term used in 1947 in close to its later meaning in an article in Foreign Affairs by Winfield W. Riefler.
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