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Advanced / Transformational Technology

Lockheed Martin, Global Foundries Team On Semiconductor Manufacturing

By Cal Biesecker

Monday, June 12th, 2023

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Lockheed Martin, Global Foundries Team On Semiconductor Manufacturing

James Taiclet, chairman, president and CEO of Lockheed Martin. Photo: Lockheed Martin

Lockheed Martin [LMT] and semiconductor manufacturer GlobalFoundries [GFS] on Monday said they are strategically collaborating to strengthen the U.S. industrial base for computer chips and bolster the defense contractor’s ability to serve its national security customers. The partnership is intended to help incentivize the domestic semiconductor supply chain, in part by using GF’s chips to meet defense needs. “Lockheed Martin is focused on delivering cutting-edge 21st Century security capabilities that advance deterrence and keep our customers ahead of emerging threats,”…

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