BAE Systems significantly accelerates chip production for mission-critical defense programs using CHIPS Act funding
NASHUA, N.H., Aug. 21, 2025 /PRNewswire/ -- BAE Systems' (LON: BA) investment to modernize its Nashua, New Hampshire Microelectronics Center (MEC), supported in part by the CHIPS Act, will purchase new, more efficient manufacturing tools to significantly increase production capacity,...
Related Questions
How will the increased chip production capacity affect BAE Systems' revenue forecasts?
What is the expected timeline for the new manufacturing tools to become operational and impact earnings?
How does BAE's accelerated chip production position it relative to other defense contractors leveraging CHIPS Act funding?