Lockheed Martin’s (NYSE: LMT) Savi Technology will move its headquarters to Alexandria, Va., to better address the needs of public sector and commercial customers.
Headquarters will be at the company’s existing offices at 3601 Eisenhower Ave., and will serve as the primary office for Savi Technology’s senior leaders and marketing staff.
According to the firm, “Savi Technology’s previous headquarters in Mountain View, Calif., will be transformed into the company’s Innovation Lab, where more than 150 engineering and support personnel form a global hub to operate like a business incubator designing and developing customer-centric solutions that are leading-edge, cost-competitive and that provide quick and lasting return on investment for users. Company support functions such as finance, human resources, general counsel and IT will remain in Mountain View.”
“With these changes, Savi Technology gains the best of both worlds – a leadership team based at the focal point of some of our major customers and an innovation campus based in the heart of Silicon Valley, ” said David Stephens, CEO of Savi Technology. “This shift is part of an ongoing transformation at Savi Technology to invigorate innovation and to more efficiently accelerate the delivery of solutions to our customers.”
