GlobalFoundries receives $400M ceiling increase under DoD microelectronics contract

The Defense Microelectronics Activity awarded GlobalFoundries a $400 million ceiling increase under a contract modification, bringing the cumulative face value to $1.11 billion. Work is expected to be completed by March 31, 2021.

“GlobalFoundries will continue to provide the Department of Defense access to microelectronic products and trusted processes after the Defense Microelectronics Activity awarded a $400M ceiling increase under a contract modification.”govconwire.com

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• govconwire.comGlobalFoundries Awarded $400M Ceiling Increase Under DoD Microelectronics Contract - GovCon WireMatthew NelsonNov 13, 2020

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