Biden-Harris Administration Announces CHIPS Incentives Awards with BAE Systems, Inc., and Rocket Lab to Expand Production of Chips Critical for U.S. National Security and Space Industry

URLhttps://www.commerce.gov/news/press-releases/2024/
Sourcecommerce.gov
Date Published11/25/2024

Additional Reshoring Information:

Company/Division name BAE Systems Electronic Systems
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):35.5
City reshored to:Nashua
State(s) reshored to:NH
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredMonolithic Microwave Integrated Circuit chips
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$35.5 million
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