US to award BAE $35 million to supply chips for F-35

WASHINGTON D.C.: This week, the U.S. Commerce Department said it will award BAE Systems $35 million to quadruple production in New Hampshire for key semiconductor chips, used in F-35 fighter jets and commercial satellites.

Amid concerns about over-reliance on Asia, the announcement is the first part of the $52.7 billion "Chips for America" semiconductor manufacturing and research subsidy program approved by Cong