Globalfoundries US has been awarded USD 400 M Defense Contracts

DEFENSE CONTRACTS VALUED AT $7 MILLION AND ABOVE

DEFENSE MICROELECTRONICS ACTIVITY

Globalfoundries U.S. 2 LLC, Hopewell Junction, New York, has been awarded a ceiling increase of $400,000,000 under modification P00068 to previously awarded contract HQ0727-16-C-0001 for access to leading edge, current and legacy microelectronics and trusted processes for the Department of Defense and other federal agencies.  Increase in interest for leading edge technology and lifetime orders for end of life technology initiated the need for this ceiling increase.  The modification brings the total cumulative face value of the contract to $1,114,632,911 from $714,632,911.  Work will be performed at Burlington, Vermont; East Fishkill, New York; and Malta, New York, with an expected completion date of March 31, 2021.  The contract is being incrementally funded and no funds are being obligated at time of award.  The Defense Microelectronics Activity, McClellan, California, is the contracting activity.

Full story https://news.clearancejobs.com/2020/11/12/globalfoundries-awarded-400-million-for-defense-microelectronics-activity/