Pentagon to oversee $3 billion effort to strengthen microchip supply

September 23, 2024

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The Pentagon announced today it will help lead a $3 billion U.S. Commerce Department initiative designed to make sure the U.S. military has access to a reliable domestic microelectronics supply chain.

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Secretary of Defense Lloyd J. Austin III and Vietnam Minister of National Defense Phan Van Giang stand for the playing of the U.S. and Vietnam national anthems during a bilateral exchange at the Pentagon, Washington, D.C., Sept. 9, 2024. (DoD photo by U.S. Navy Petty Officer 1st Class Alexander Kubitza)
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