CHIPS Act Awards Finalized For BAE Systems, Rocket Lab

The Biden administration has finalized nearly $60 million in funding for defense and space semiconductors that will be disbursed to BAE Systems and Rocket Lab.

Credit: Maxim Kazmin / Alamy Stock Photo
The U.S. Commerce Department has finalized nearly $60 million in funding for semiconductors used in defense and space systems that will be awarded to BAE Systems and Rocket Lab. The Commerce Department said in a Nov. 25 news release that it had finalized up to $35.5 million in direct funding for BAE...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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