Lockheed Martin forms Savi Group to merge RFID and ITV
Staff -- Logistics Management, 12/7/2006
SUNNYVALE, Calif.— Lockheed Martin recently announced the establishment of the Savi Group—a new organization which brings together Lockheed Martin’s in-transit visibility (ITV), cargo security, and asset management efforts with Savi Technology’s RFID data collection and supply chain management capabilities.
The Savi Group will be led by Vic Verma, who was previously CEO of Savi Technology, which was acquired by Lockheed Martin in June.
Verma noted that the Savi Group will develop integrated ITV, cargo security, and mobile asset management solutions for the Department of Homeland Security, the Department of Defense, and other government agencies overseeing port and terminal operations. The group will also develop RFID-based supply chain applications for commercial customers.
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