News & Events from MT&SN

LM STS BECOMES LM GTL

C-130J ATS business is a key element of LM GTL business.

Headquartered in Orlando, LM Simulation, Training and Support has become LM Globat Training and Support (GTL), emphasising that organisation's increasing capabilities in logistic support.

“We periodically review our portfolio of capabilities and services against the demands of the environment to find ways to continuously provide the best, most affordable solutions for our customers, a secure future for our employees and value for our shareholders by assuring a sound strategic fit for each of our lines of business,” said Lockheed Martin Chairman & CEO Robert J. Stevens. “We completed such a review recently, factoring in the major changes we’ve seen in the global security environment, world economic conditions and the new priorities of the Administration. As a result, we are initiating several portfolio-shaping actions to strengthen our business over the long term.”

The company says that, "realignment of two IS&GS units—Readiness & Stability Operations (RSO) and Savi Technology, Inc.—with our Simulation, Training and Support (STS) unit under Electronic Systems [sees a change of name]. RSO is a leading provider of global services, offering rapid, cost-effective capabilities in logistics, mission operations support and readiness, engineering support services, and integration solutions. Savi Technology provides wireless tracking solutions that enable decision-support for managing assets, inventory and shipments. The new line of business will be named Global Training and Logistics, which describes the breadth of its products and services and the international scope of its business.