US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips

By Yahoo! Finance   |   1 year ago
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips

The U.S. Commerce Department is providing nearly $60 million in subsidies to BAE Systems and Rocket Lab for semiconductor production for jets and satellites. BAE will receive $35.5 million to increase chip production, while Rocket Lab's SolAero Technologies Corp will get $23.

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