MIT seeks to invest $450m at Hanscom
April 20, 2012
The Massachusetts Institute of Technology is proposing to build a $450 million research facility at Hanscom Air Force Base in Bedford in a long-term venture that would reinforce the base's high-tech mission without requiring new federal spending, according to government officials.
The 10-year plan would enhance the value of the base, where weapons and other defense research is conducted, at a time when Massachusetts officials worry Hanscom could be a victim in a new round of cost-saving base closures.
The research facility, to be run by MIT's Lincoln Laboratory, would design small electronic components for use in emerging aerospace, communications, and missile technologies.