Defense Department awards contract worth up to $3.1B to GlobalFoundries

Posted on AllSides September 21st, 2023
From The Center

The Department of Defense has awarded a contract worth up to $3.1 billion to GlobalFoundries, the company announced Thursday. The 10-year contract is for securely manufactured semiconductors to be used in the nation’s most sensitive applications, according to a press release from GlobalFoundries, which operates a manufacturing plant in Essex Junction. GlobalFoundries is the largest for-profit employer in Vermont. More than 2,000 GlobalFoundries employees and 800 contractors work at the Essex Junction plant making chips used in smartphones, automobiles and communications equipment, making it Vermont’s largest private employer, the plant’s...

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