Article on Page 2 of the 09/29 edition.
The Pentagon has chosen GlobalFoundries to supply the most advanced microchips used in U.S. spy satellites, missiles and combat jets. The agreement is an example of the Pentagon’s effort to protect military systems from cyberattacks and other tampering.
“This new contract is great news for GlobalFoundries and it’s employees in the Northeast Tech Corridor,” said corporate communications manager Steven Grasso. ”It builds on our investments to keep the EFK and BTV sites competitive.”
IBM had been the supplier of the chips to the Pentagon for over a decade, then decided to pay Globalfoundries to take over.
Article in the 06-16 edition.
MALTA AND STILLWATER, November 24 – A slump in its all important oil income has Abu Dhabi's investment arm reviewing state-owned companies: In particular, it is rumored, it may take up the slack by selling all or part of Global Foundries, best known in this area for its vast and spreading Fab 8 complex in Malta -- and already with plans forming to expand yet again in the near future.
Read the entire article in the Dec. 3rd issue.