News detail

BAE Systems Receives $35 Million to Modernize Microelectronics Centre

13/12/2023

BAE Systems

BAE Systems, a leading defense and security company, is set to receive a major boost with a $35 million funding injection as part of the US CHIPS Act. This injection aims to modernize its Microelectronics Centre, a mature-node production facility located in Nashua, New Hampshire.

The funding is designated to overhaul the existing infrastructure by replacing aging tools and equipment, with the goal of quadrupling the production of chips vital for critical defense programs. Notably, this includes support for the prestigious F-35 fighter jet program, a cornerstone of modern military aviation.

This significant investment represents a key step in enhancing the capabilities of BAE Systems' Microelectronics Centre, emphasizing the United States' commitment to maintaining a cutting-edge defense infrastructure.

With this investment, BAE Systems is well-positioned to reinforce its reputation as a leader in advanced defense technologies, furthering its commitment to equipping the armed forces with the most reliable and sophisticated tools available. In conclusion, the $35 million injection from the US CHIPS Act marks a significant milestone in the journey toward modernizing BAE Systems' Microelectronics Centre. This move not only enhances the company's production capacity but also reaffirms its pivotal role in sustaining the technological landscape of critical defense programs.

BAE Systems

Tags

Cross News

1. Q2 2024 Integrated Circuit Sales Surge

Q2 2024 Integrated Circuit Sales Surge

2. Semiconductor Market Performance in Q1

Semiconductor Market Performance in Q1

3. Changes at TSMC: Chairman Dr. Mark Liu to Retire

Changes at TSMC: Chairman Dr. Mark Liu to Retire

4. Cambridge-Based QPT Develops Groundbreaking GaN Au...

Cambridge-Based QPT Develops Groundbreaking GaN Automotive Traction Inverter

5. Who Dominates the Semiconductor Market?

Who Dominates the Semiconductor Market?

6. Microchip Technology Expands TrustFlex Secure Key ...

Microchip Technology Expands TrustFlex Secure Key Provisioning Service with New ICs

7. LunA-10 Project

LunA-10 Project

8. AMD Continues Spartan 6 FPGA Supply Until 2030

AMD Continues Spartan 6 FPGA Supply Until 2030

9. Micron to Receive $6.1 Billion in US Chips Act Gra...

Micron to Receive $6.1 Billion in US Chips Act Grants for Fab Expansion

10. AMD Introduces Spartan UltraScale+ FPGA Family: Po...

AMD Introduces Spartan UltraScale+ FPGA Family: Power-efficient and Secure Solutions for Edge Applications