Global Trade Alert
Global Trade Alert

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

Announcement

25 Nov 2024

In November 2024, the US Commerce Department announced funding to support the production of semiconductors.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2024

Revocation date:

No revocation date

Announced: 25 Nov 2024
Financial grant In force
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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