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By Calvin Biesecker
Building on its acquisition of Savi Technology this past spring, Lockheed Martin [LMT] has formed a new business group that will provide comprehensive supply chain management and security solutions for government and commercial customers.
Lockheed Martin's Savi Group combines Savi Technology's Radio Frequency Identification (RFID)-based container tags and its network of wireless information services with Lockheed Martin's high level command and control software and systems integration capabilities to be able to offer either turnkey or even limited supply chain solutions, Vic Verma, the former CEO of Savi Technology and head of the new Savi Group, told Defense Daily in an interview last Friday.
Savi has the data collection and transmission capabilities but, Lockheed Martin brings capabilities that will better allow customers to respond to the information they are collecting on their shipments, Verma said.
"We will offer customers complete, integrated solutions, including powerful analysis tools that will enhance their situational awareness, security, and decision making in tracking and managing shipments every step along the way as they move through global supply chains from point of origin to destination," Verma said in a statement yesterday. "To meet these significant challenges for our customers, Savi Group is being 'turbocharged' with Lockheed Martin resources, technical expertise and seasoned leadership in managing large complex systems integration projects."
Those resources include a doubling of the size of Savi to about 500 employees by adding engineering talent in the areas of logistics and...