:

Advanced / Transformational Technology

Lockheed Martin, Global Foundries Team On Semiconductor Manufacturing

By Cal Biesecker

Monday, June 12th, 2023

SHARE:

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,”…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]