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DMEA Exercises $121M Option on GlobalFoundries Microelectronics Contract

GlobalFoundries will continue to provide the Department of Defense access to microelectronic processes under a $121M contract modification from the Defense Microelectronics Activity.

The modification represents the third option under a previously awarded contract and brings the potential cumulative value to $501.4M, the Pentagon said Friday.

Work under the exercised option will take place in Vermont and New York through March 31, 2020.

DMEA will obligate $54.9M in fiscal 2019 funds on the award. The activity develops and tests microelectronic systems and components for use in military weapons.

GlobalFoundries produces semiconductor technology for aerospace and defense, mobility, automotive, internet of things and communications and data center applications.

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