For Immediate Release
Lockheed Martin Wins $41 Million U.S. Defense Contact To Sustain the Global Transportation Network
GTN Records 10 Billionth Transaction in Tracking and Managing Forces, Materiel and Support Personnel Throughout DoD Distribution Chain
Mountain View, Calif. – Oct. 6, 2008 – Lockheed Martin [NYSE: LMT] has won a $41-million contract from the U.S. Transportation Command (USTRANSCOM) to extend sustainment of the Global Transportation Network (GTN) command and control system. The sustainment contract brings the total value of the GTN contract since its award to Lockheed Martin in 1995 to $475 million.
GTN is a web-based, automated information system that provides a family of transportation users and service providers – in both the U.S. Department of Defense and commercial sectors – with near real-time in-transit visibility and command and control capabilities. Customers anywhere in the world can access and employ the integrated system for transportation and deployment information, which enables them to identify the location and scheduling of materiel, deployed forces and support personnel. GTN ensures effective execution of operations by helping logistics commanders make better plans and decisions during peace and war.
The GTN system now averages 4.5 million transactions daily and recently processed its 10 billionth transaction.
"Through our technical expertise and domain knowledge, the Lockheed Martin team has maintained a solid and trusted relationship with USTRANSCOM in support of operational distribution and transportation directives," said Angie Heise, director of Lockheed Martin's Savi Logistics Systems. "GTN is like a Fed-Ex or UPS tracking system for the military, but it's even more sophisticated because it fuses data from 30 different DoD information systems and 240 commercial carriers in the land, air and ocean transportation modes."
The contract calls on the Lockheed Martin team to continue to operate and maintain GTN, identify and resolve system operational issues, analyze user requirements, and support worldwide user operations. The contract also requires continuing support for USTRANSCOM's GTN Pre-Planned Product Improvement (P3I) Enterprise Data Warehouse infrastructure until these functions are absorbed by the Integrated Data Environment / GTN Convergence (IGC) contract, also managed by the Lockheed Martin team. IGC expands on the GTN concept by enriching and expanding its support capabilities through integration with other software systems along with the development of user communities to collaborate on best practices that can continuously reinforce improvements throughout the information platform.
About Savi Technology
With over 17 years experience, Savi is a proven leader in RFID solutions for the management and security of supply chain assets, shipments and consignments. Savi's integrated RFID hardware and software solutions drive business value, such as reducing supply chain assets, inventory and operational costs. Founded in 1989, Savi Technology is a wholly-owned subsidiary of Lockheed Martin, with headquarters in Mountain View, California, and offices in Johannesburg, London, Melbourne, Singapore, and Washington D.C. For more information, visit www.savi.com
™ - Savi, Savi SmartChain, SmartChain, the Savi logo, EchoPoint, the EchoPoint logo, Sentinel and UDAP are trademarks or registered trademarks of Savi Technology, Inc. in the United States and other countries.
About Lockheed Martin
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 2006 sales of $39.6 billion. For additional information, visit www.lockheedmartin.com.
Media Contact:
Mark Nelson
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mnelson@savi.com
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