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IPC Urges U.S. Congress to Pass Defense Spending Bill to Help Strengthen Electronics Ecosystem
August 5, 2024 | IPCEstimated reading time: Less than a minute
IPC applauds the U.S. Senate Appropriations Committee for its vote this week to advance the FY2025 Defense Appropriations Bill, which includes a $500 million increase over the President’s budget request for Defense Production Act investments, including $45 million for Printed Circuit Board investments.
The accompanying committee report encourages the Secretary of Defense to prioritize these investments and recommends additional future funding to continue closing the manufacturing gap for this critical technology.
IPC commends the committee leadership for their careful, bipartisan deliberations as they sought to understand the issue of electronics manufacturing in the defense supply chain. We encourage all Members of Congress and Senators to engage with any of the more than 1,400 electronics manufacturers across the United States during the August district work period to learn more about their contributions to national defense and critical infrastructure.
We urge passage of these key bills when Congress returns in the Fall.
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Terma Establishes Ukrainian Subsidiary In Kyiv: A Lasting Commitment to Ukraine’s Defense and Recovery
09/16/2025 | TermaTerma, a trusted defense partner to Ukraine, has strengthened its long-term commitment by establishing a fully owned subsidiary in Kyiv. With combat-proven solutions already deployed on the frontline, Terma’s technology is actively protecting lives, supporting sovereignty, and enhancing Ukraine’s defense every day.
Altair, Wichita State University’s NIAR Sign MoU to Accelerate Aerospace Innovation
09/16/2025 | AltairAltair, a global leader in computational intelligence, and Wichita State University’s (WSU) National Institute for Aviation Research (NIAR), one of the world’s leading aerospace research institutions, have signed a memorandum of understanding (MoU) to advance innovation across the aerospace and defense industries.
Safran, PGZ Reinforce Defense Partnership Through Innovation and Local Industrial Cooperation
09/08/2025 | SafranSafran Electronics & Defense, a leading European high-technology company in aerospace and defense, and Polska Grupa Zbrojeniowa S.A. (PGZ), Poland’s primary defense industry leader, have signed two Memorandums of Understanding (MoU) to further expand their collaboration in support of European security and industrial cooperation during the International Defense Industry Exhibition (MSPO) held in Kielce.
U.S. Army Awards Lockheed Martin $9.8B Contract to Bolster Missile Defense with PAC-3 MSE
09/08/2025 | Lockheed MartinThe U.S. Army awarded Lockheed Martin a $9.8 billion contract for the production of 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors and associated hardware.
RTX's Raytheon Awarded $205 Million Contract for Continued Production of the Phalanx Close-In Weapon System
09/08/2025 | Raytheon TechnologiesRaytheon, an RTX business, has been awarded a $205 million contract from the U.S. Navy for continued production of the Phalanx Close-In Weapon System (CIWS).