Global Trade Alert
Global Trade Alert

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United States of America: US Administration announces funding for BAE Systems to support its domestic manufacturing of semiconductors

Description

On 25 November 2024, the US Department of Commerce awarded USD 35 million to BAE Systems Inc to support the modernization of the company’s semiconductor manufacturing facility. Funding will be in the ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Nov 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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