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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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Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of FMI
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MACOM Expands IC Design Expertise with Acquisition of ENGIN-IC
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