(Bloomberg) — The Pentagon plans to place as much as $2 billion in rush orders by early March for customized semiconductors used in weapons like the B-2 bomber before the production line for them is shut down.
GlobalFoundries Inc. has sold the factory in Fishkill, New York, that produces the specialized chips used in GPS-dependent systems, and the new owner won’t be making them.
The Defense Department is confronting its looming supply crunch amid a global shortage of the chips used in consumer items from mobile phones to autonomous vehicles, markets where GlobalFoundries is…
The Pentagon’s move “addresses a…