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Message: Globalfoundries Wins Chip Contract with US Defense

GlobalFoundries wins chip contract with Defense Department

Company to produce custom computer chips for fighters, satellites

By Larry Rulison | June 6, 2016
GlobalFoundries has won a contract with the U.S. government to provide sophisticated custom-built computer chips to the Department of Defense and its suppliers likely valued at more than $400 million.

Although GlobalFoundries' most advanced computer chip factory is its Fab 8 facility in Saratoga County, the chips will be made at the company's factories in East Fishkill, in Dutchess County, and in Essex Junction, Vt., two former IBM chip factories.

GlobalFoundries acquired those two factories from IBM last July, now known as Fab 9 and Fab 10. IBM had previously had a similar contract with the Defense Department that dated back to 2004.

GlobalFoundries officials were thrilled Monday about the new contract, saying it was the result of a lot of hard work with government inspectors making sure that all the proper security measures were in place for the two fabs.

"We view it as a very positive thing," Mike Cadigan, GlobalFoundries' senior vice president of global sales and business development, said in an interview with the Times Union. "We certainly would like to see that partnership grow."

http://m.timesunion.com/tuplus-business/article/GlobalFoundries-wins-chip-contract-with-Defense-7966717.phphttp:/www.timesunion.com/tuplus-business/article/GlobalFoundries-wins-chip-contract-with-Defense-7966717.php

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