The Commerce Department is hurrying to finalize federal subsidies to semiconductor manufacturers to ensure domestic sources of the vital computer processors.

The department is finalizing $35.5 million to BAE to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites. The investment will cut the company’s planned modernization timeline in half,

WASHINGTON - 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

The company said that the launches set a new Rocket Lab record for the fastest launch turnaround. At 10:55 p.m. Eastern, Rocket Lab’s “Ice AIS Baby” mission successfully lau

Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours. The Kiwi-American firm also said today it had finalised US$23.9 million ($41.3m) in Biden adminis

Rocket Lab announced they have successfully launched two launches from two different hemispheres in less than 24 hours.