BRUSSELS – The European Commission is creating a European Chips Act to increase microprocessor R&D and manufacturing with dedicated funds, said EU president Ursula von der Leyen, according to reports.

TEWKESBURY, UK -- Trackwise Designs reported first-half revenues of £4.1 million, up 71% from a year ago.

WASHINGTON, DC -- On Aug. 30, Gregory Kausner, performing the duties of Undersecretary of Defense for Acquisition and Sustainment, established a department-wide supply chain resiliency working group to address systemic barriers currently limiting supply chain visibility, conduct resiliency assessments, and develop effective mitigation actions.

WASHINGTON, DC -- The US House Armed Services Committee last week voted overwhelmingly in favor of the National Defense Authorization Act (NDAA) for Fiscal Year 2022, which includes tighter language over sourcing of printed circuit boards from adversarial nations.