Lockheed Martin Wins RF-ITV II Contract
ALEXANDRIA, Va., December 13, 2011 -- Lockheed Martin [NYSE: LMT] has been awarded work by the U.S. Army's Product Manager, Joint-Automatic Identification Technology organization to provide operations and maintenance for the Radio Frequency In-Transit Visibility (RF-ITV) system. If all options are exercised over the course of five years, the contract is valued at $126 million.
RF-ITV sites exist worldwide in support of combatant commands, making this a massive and complex effort since sites must be maintained at optimal levels of operational readiness to support joint forces. Through RF-ITV technology the system provides last known locations and in-the-container visibility for shipments that have active RF tags attached to pallets, containers, or equipment.
"With the Government's and Lockheed Martin's focus on affordability, the RF-ITV system is critical to manage military shipments such as cargo, supplies, and unit movement," said DeEtte Gray, Lockheed Martin IS&GS-Defense vice president for Enterprise IT Solutions. "The Lockheed Martin team is proud to support the Army's efforts to prioritize, organize, and track assets."
Lockheed Martin employees will be located in Northern Virginia, Warner Robins, Ga., and field service engineers will be around the world supporting each Combatant Command.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.