INDIANAPOLIS—In August, Roll-Royce completed a six-year, $600 million modernization of its manufacturing campus in Indianapolis. The revitalized campus is now highly efficient and will improve competitiveness in an increasingly contested marketplace for aircraft propulsion and power equipment. The energy efficiency of the buildings has also been improved significantly and will help Rolls-Royce achieve its goal of net-zero carbon emissions in operations by 2030.

Shortening and closing supply chain gaps for essential products will immediately benefit the following industries: personal protective equipment (PPE), medical device manufacturing, electronics and defense. Sixty percent of reshoring cases after March 2020 mention the pandemic as a factor in the decisions. Already, reshoring cases among manufacturers of medical devices and PPE are double compared with last year.

LONG BEACH, CA—Relativity Space, the first company to 3D print an entire rocket, recently announced that $650 million in new funding enables it to begin production on the Terran R, a fully reusable, entirely 3D-printed launch vehicle.