The Pentagon plans to place up to $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the shut down of production line, Bloomberg reports. Globalfoundries Inc (GFS) sold the factory in Fishkill, New York, that produced the specialized chips used in GPS-dependent systems to ON Semiconductor Corp (ON). The new owner will not make any more of them. The Defense Department is confronting its looming supply crunch amid a global chip crisis used in consumer items from mobile phones to autonomous vehicles, markets where GlobalFoundries is expanding its production. The Pentagon would place an initial $885 million by Dec. 15 with U.S. contractors. The Pentagon would have to place the remainder of the $2 billion in orders by March 3, the report added. “For certain programs and technologies, we are meeting the DoD’s needs by manufacturing large volumes of chips …
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