# 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.

- Type: Investment
- Announced: 2023-12-01
- Where: Nashua, New Hampshire, United States
- Value: $35.0M
- Status: announced
- Capacity: quadruple chip production
- Products: semiconductor chips for defense programs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [BAE Systems](https://endata.com/companies/4538.md)

## Sources

- [commerce.gov](https://www.commerce.gov/news/press-releases/2023/12/biden-harris-administration-and-bae-systems-inc-announce-chips), 2023-12-01: "The project will replace aging tools and quadruple the production of chips necessary for critical defense programs including the F-35 fighter jet program."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.