MIKOH joins Accenture’s team bidding for the US Navy Automatic Identification Technology (AIT) Project
AIT to become the cornerstone of DoD plan to improve asset visibility
Global securities solutions provider MIKOH Corporation Limited (ASX: MIK) today announced it has entered into a Teaming Agreement with global consulting and technology services firm Accenture. Under the agreement, MIKOH joins Accenture?s team in bidding for the upcoming US Navy and Marine Corps Automatic Identification Technology (AIT) project.
The aim of the AIT project is to improve asset visibility within the US Navy?s logistics pipeline. Accenture?s proposed solution will be differentiated through the inclusion of MIKOH?s Smart&Secure and TransitVault technologies, providing tamper evident security in addition to asset tracking and identification.
The AIT contract, which is due to be awarded during second quarter of 2011, is expected to have a budget ceiling of US$75M over 5 years, with several incumbents.
According to the Navy Supply Corps Newsletter*, “With a $70 billion inventory, $6 billion of which is in-transit at any given moment, Automatic Identification Technology (AIT) is quickly becoming the cornerstone of the Department of Defense?s (DoD) plan to improve asset visibility within the logistics pipeline. … There are more than 1,000 Navy and Marine Corps logistics operations, ashore and afloat, that are viable candidates for AIT implementation.”
*Navy Supply Corps Newsletter (September/October 2009):
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