Biden Administration Finalizes $59.4M in Semiconductor Awards to Bolster Defense and Space Technology

Funding supports BAE Systems and Rocket Lab to expand U.S. chip production for military and space applications, strengthening supply chain resilience.

• The U.S. Department of Commerce has finalized CHIPS Incentives Program awards totaling $59.4 million to BAE Systems and Rocket Lab for critical semiconductor production projects.
• BAE Systems will receive up to $35.5 million to modernize its New Hampshire facility, quadrupling production of Monolithic Microwave Integrated Circuit (MMIC) chips used in military aircraft and satellites.
• Rocket Lab will receive up to $23.9 million to expand its New Mexico facility, increasing production of radiation-resistant space-grade solar cells by 50% over the next three years.
• These investments aim to enhance U.S. semiconductor supply chain security and support key national initiatives, including the F-35 fighter jet program and NASA’s Artemis lunar missions.
• The CHIPS for America program, part of a $52.7 billion initiative, has allocated $36 billion to date, with over $10 billion in finalized awards across 20 states, creating more than 125,000 jobs.

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Engadget Semafor U.S. Department of Commerce