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 ...

The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to ...

Check out the progress of the Commerce Department's funding incentives for manufacturing chips vital to national security and ...

The finalized awards come as the Biden administration tries to quickly roll out CHIPS funding ahead of Trump’s term.

The United States has massive plans in expanding commercial satellites and its F-35 program with BAE Systems and Rocket Lab.

Rocket Lab and BAE Systems are the latest companies to secure CHIPS and Science Act funding. The Commerce Department says ...

The US Department of Commerce has awarded two significant grants under the CHIPS Incentives Program. The funding will go to ...

The awards announced would support the following projects: ...

The US Department of Commerce has finalised agreements with Rocket Lab and BAE Systems Electronic Systems for funding under ...

The US government is investing in chip production. BAE Systems will receive $35.5 million to increase chip production for ...

The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satellites, and for Rocket Lab to build ...