BAE Systems to receive $35M CHIPS funding for Nashua microelectronics center

The U.S. Department of Commerce signed a preliminary memorandum of terms to provide approximately $35 million in CHIPS Act funding to BAE Systems Electronic Systems to modernize its Microelectronics Center in Nashua, New Hampshire, quadrupling production of chips for defense programs including the F-35 fighter jet.

“The project will replace aging tools and quadruple the production of chips necessary for critical defense programs including the F-35 fighter jet program.”commerce.gov

• 1 source
• commerce.govU.S. Department of CommerceDec 1, 2023

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