The Commerce Department announced on Jan. 4 that it has agreed to provide about $162 million to Microchip Technology under the Chips Act to nearly triple semiconductor production at the company’s facilities in Colorado Springs, Colorado, and Gresham, Oregon.
The State Department approved a potential $147.5 million military sale to Israel, the Defense Security Cooperation Agency said Dec. 29. The sale includes “M107 155mm projectiles” and related equipment, which will be provided from U.S. Army stock.