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GlobalFoundries to make chips for Pentagon spy satellites, missiles
Albany Business Journal
by Chelsea Diana
6/6/2016
Excerpts:
GlobalFoundries, the computer chip maker with a factory in Saratoga County, New York, will make chips for the Pentagon to be used in U.S. spy satellites, missiles and combat jets.
The Pentagon has reached a seven-year agreement with GlobalFoundries to make the microchips, according to The Wall Street Journal. - http://www.wsj.com/articles/pentagon...ner-1465159332
Terms of the contract were not disclosed.
The chips are made at GlobalFoundries' factories in East Fishkill and Essex Junction, Vermont. Those are the two factories that GlobalFoundries acquired last year when IBM paid the company $1.5 billion to take over IBM's struggling microelectronics business.
IBM previously made the chips for the Pentagon.
The GlobalFoundries contract will run until 2023.
GlobalFoundries is owned by Mubadala, an investment arm of the Abu Dhabi government. The company operates factories in Malta — about 30 miles north of Albany — East Fishkill and Essex Junction, as well as Dresden, Germany, and Singapore.
.................................................. ................
View the complete article, including links and image, at:
http://www.bizjournals.com/albany/ne...tagon-spy.html
Albany Business Journal
by Chelsea Diana
6/6/2016
Excerpts:
GlobalFoundries, the computer chip maker with a factory in Saratoga County, New York, will make chips for the Pentagon to be used in U.S. spy satellites, missiles and combat jets.
The Pentagon has reached a seven-year agreement with GlobalFoundries to make the microchips, according to The Wall Street Journal. - http://www.wsj.com/articles/pentagon...ner-1465159332
Terms of the contract were not disclosed.
The chips are made at GlobalFoundries' factories in East Fishkill and Essex Junction, Vermont. Those are the two factories that GlobalFoundries acquired last year when IBM paid the company $1.5 billion to take over IBM's struggling microelectronics business.
IBM previously made the chips for the Pentagon.
The GlobalFoundries contract will run until 2023.
GlobalFoundries is owned by Mubadala, an investment arm of the Abu Dhabi government. The company operates factories in Malta — about 30 miles north of Albany — East Fishkill and Essex Junction, as well as Dresden, Germany, and Singapore.
.................................................. ................
View the complete article, including links and image, at:
http://www.bizjournals.com/albany/ne...tagon-spy.html
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