Overview
- An executive order creates the SHIELD working group, led by the Massachusetts Technology Collaborative, to centralize defense-sector strategy and support.
- The state is committing $25 million toward Draper’s planned microelectronics and advanced chip center in Lowell, projected to support up to 200 jobs, with financing terms still being finalized and expected to include state bonds and local tax incentives.
- About $11 million in competitive matching grants will support company collaborations with the Army at Natick Soldier Systems Center or the Air Force at Hanscom Air Force Base.
- Another $10 million through a MassTech regional program goes to nine microelectronics employers, including $202,000 for Berkshire Community College to launch a mechatronics workforce program.
- Officials position the effort to leverage a defense sector they estimate at roughly $50 billion, more than 7% of the state economy, supporting nearly 140,000 jobs.