Savi Wins Role on U.S. Department of Defense's RFID III Contract Vehicle
Mountain View, Calif., 12/23/2008 -- Savi®, a Lockheed Martin [NYSE: LMT] company and provider of RFID-based supply chain products and solutions, has been selected by the U.S. Department of Defense (DoD) to compete for future task orders under the RFID III procurement contracting vehicle. Three other prime contractors also were selected to bid for task orders during the initial three-year ordering period that's scheduled to begin early next year.
RFID III is an indefinite-delivery-indefinite-quantity (IDIQ) contract established by the U.S. Army on behalf of all Services with a total value of $428 million for active Radio Frequency Identification hardware, software and engineering services. The competitively bid RFID III contract, administered by the U.S. Army's Product Manager Joint-Automatic Identification Technology (PM J-AIT) office, is open to purchase orders from other U.S. Federal agencies and non-U.S. defense forces.
We're honored that Savi's proven technology solutions continue to earn the trust of the DoD through the RFID III contract, said David Stephens, chief executive officer of Savi Technology. We are fully dedicated to continuing to deliver innovative products and solutions that support the DoD's objectives and critical operations to enhance the visibility, management and health of vital assets throughout the supply chain.
Savi is the leading provider of active, battery-powered RFID products and solutions to the U.S. DoD, providing products and solutions to the DoD for more than a dozen years through the RFID I and RFID II contracts. Savi helped to build the DoD's In-Transit Visibility network, which is the world's largest active RFID-based cargo tracking system spanning more than 4,000 nodes across more than 40 countries. Savi RFID-based solutions support focused logistics, Total Asset Visibility (TAV) and integrated global supply chains for all U.S. military services, and provides interoperable solutions for coalition defense forces such as NATO, the United Kingdom, Australia, Canada, Sweden, Denmark, Spain, Poland, and others.
RFID III calls for state-of-the-art active RFID products that provide logistics tracking, locating, and health monitoring of commodities and assets. RFID III also requires products to be compliant with ISO 18000-7:2008 standards to enable interoperability among government users. Savi actively participated in the development of ISO 18000-7, and provides a Reasonable and Non-Discriminatory (RAND) licensing program for patent-protected protocols included in the international standard. Several commercial companies have licensed the capability to design and build compatible products, including companies that submitted bids on the RFID III contract.
Savi's family of hardware and software products has been a major part of the ITV infrastructure dating back to 1996, and has helped keep track of more than four million global shipments for the DoD alone. Savi also has developed a succession of proven integrated solutions, including sensor-equipped devices that monitor the health conditions of medical and operational equipment, suitcase-sized kits incorporating satellite communications for mobile tracking where there is no infrastructure, and a suite of SmartChain® software to optimize the management of mobile assets, consignments and shipments.
As a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], Savi is a leading provider of active Radio Frequency Identification (RFID) and other Automatic Identification Technology-based solutions that improve the visibility, management and security of supply chain assets, shipments and consignments. For more information, visit www.savi.com.
Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.