Recent studies show that 40 percent of manufacturers experienced a cyberattack in the past year, with many facing damages exceeding $1 million. This highlights the urgent need for manufacturers to rethink their cybersecurity strategies.

CMMC 2.0 is a new security framework that manufacturers must navigate to secure government contracts. Achieving certification by 2025 is crucial, as failure to do so could result in missing out on valuable defense contracts.

Currently, 90 percent of advanced semiconductor manufacturing occurs outside the U.S. The CHIPS Act aims to address this by investing over $50 billion into semiconductor research and workforce development, reshaping the landscape of domestic manufacturing.