U.S. Army Awards Software Contract to Savi to Sustain Ammunition Depot Automation Applications
Richmond, Va., 05/13/2008 -- Savi, a Lockheed Martin [NYSE: LMT] company, has been awarded a contract with the U.S. Army Joint Munitions Command (JMC) for a government-developed, automated information system (AIS) that supports depot-level ammunition logistics functions. The award was made by Army Sustainment Command on behalf of the JMC. The announcement was made today at the opening of the Association of the U.S. Army's (AUSA) Logistics Symposium and Exhibition (Savi Booth #249).
Munitions Total Management Systems-Field Module (MTMS-FM) provides extensive business process automation functionality for employees at all ammunition locations throughout the United States. MTMS-FM software, which Savi has provided since 1999, automates, integrates and streamlines depot operations, allowing users visibility of shipment data throughout the outloading process. The software application automates about 40,000 movement transactions per year and dramatically reduces keystrokes, dual-entry notations, manual errors and inventory reconciliation time.
We're honored that Savi's asset management software has earned the trust of the U.S. Army through its nine-year track record of ensuring that soldiers know precisely where munitions are stored to meet the needs of war fighters in the field, said David Stephens, chief executive officer of Savi Technology.
The software provides features that enable users to automatically manage, update and reconcile inventory records, generate receipts of incoming supplies, and keep track of internal warehouse movements and outbound shipments. Real-time data identifying munitions supplies that are equipped with 2D bar codes or active Radio Frequency Identification (RFID) tags is uploaded by handheld computers to Savi's asset management software. Information from Savi's software also is integrated with the U.S. Army's Standard Depot System software for network-wide visibility.
With over 17 years of experience, Savi is a leading provider of active RFID solutions for the management and security of supply chain assets, shipments and consignments. Savi is a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], with headquarters in Mountain View, Calif., and offices in Washington D.C., London, Singapore, and Melbourne. Savi Technology is a Savi line of business that provides an integrated suite of complementary Automatic Identification Technology (including RFID) products and solutions (hardware, software, services) for enterprise-wide asset and supply chain management and security to defense, defense suppliers and other government customers.
For more information, visit www.savi.com.
Headquartered in Bethesda, Md., Lockheed Martin 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. For additional information, visit www.lockheedmartin.com.