Marriage Made On K Street
By Eric Dash
04/14/05 "New
York Times" - - Since 1998, Savi
Technology has won more than $100 million in Pentagon contracts
for battery-powered radio-frequency identification tags to track
military shipments, according to the Center for Public Integrity,
an independent watchdog group.
But there are still opportunities aplenty in the war on terror,
which Savi may have had in mind last week when it named Tom Ridge,
the former homeland security secretary, to its board. Mr. Ridge, a
lawyer who has spent most of his career in public service, has no
experience in supply chain management. While in Washington,
though, he championed a pilot program that put Savi's tags on some
cargo containers to monitor civilian shipping that terrorists
could use to slip a bomb into the country.
There's no word on what the closely held Savi will pay, but Mr.
Ridge stands to make $120,000 as a director at Home Depot. Eric
Dash
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