Lockheed Martin forms Savi Group

Lockheed Martin announced the establishment of a new organization to provide integrated real-time information solutions and services for securing and managing global supply chains. The Savi Group aligns Lockheed Martin's decision support system expertise for large government In-Transit Visibility (ITV), cargo security and asset management efforts with Savi Technology's real-time, Radio Frequency Identification (RFID)-based data collection and management capabilities for supply chains.

The Savi Group will be led by Vic Verma, who was previously CEO of Savi Technology, acquired by Lockheed Martin in June. Verma explained that the newly formed Savi Group will leverage its expertise to address the development and delivery of integrated ITV, Cargo Security and Mobile Asset Management solutions for the U.S. Department of Homeland Security, U.S. Department of Defense (including the U.S. Transportation Command and the Defense Logistics Agency), as well as other government agencies, port and terminal operators, and commercial customers.

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