
BAE Systems and Rocket Lab Secure CHIPS Program Funding
Key Highlights:
- BAE Systems awarded $35.5M for modernizing its Microelectronics Center in Nashua, NH, quadrupling production capacity and enhancing national defense capabilities.
- Rocket Lab awarded $23.9M to expand Albuquerque, NM facility, increasing space-grade solar cell production by 50% and creating 100+ jobs.
- CHIPS Program focuses on strengthening U.S. semiconductor supply chain resilience and supporting critical national defense and space programs.
Source: U.S. Department of Commerce
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