BAE Systems will receive $35 million from the U.S. Department of Commerce to upgrade its Microelectronics Center (MEC) in Nashua, New Hampshire. The funding, which comes from the CHIPS and Science Act, will help the company continue the development and manufacturing of new technologies. The money will be used to purchase new manufacturing equipment, increase production capacity, and reduce time-to-build product. The 110,000-square-foot semiconductor chip fabrication and foundry facility currently produces technology for Department of Defense (DoD) applications.
In a recent quote, Tom Arseneault, president and CEO of BAE Systems, said, “Microelectronics are at the heart of the technology and products we make for our defense and aerospace customers—from next-generation aircraft and satellites to military-grade GPS and secure communications. This funding will help modernize our Microelectronics Center and fulfill the promise of the CHIPS and Science Act by increasing our capacity to serve national defense programs, growing our technical workforce, and helping to strengthen the nation’s onshore supply chain. This initiative is the result of a strong partnership with federal, state, and local government.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
