This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Institute For Defense And Business And Lockheed Martin Collaborate For A Disaster Response Integrative Logistics Exercise

SUFFOLK, Va., Nov. 30, 2012 /PRNewswire-USNewswire/ -- The Institute for Defense and Business ( IDB) and Lockheed Martin held a Disaster Response Integrative Logistics Exercise (DRIL) on Nov. 5-9, 2012, at Lockheed Martin's Center for Innovation facility in Suffolk, Va.


The organizers brought together a consortium of disaster relief-focused organizations from the private sector, government agencies, non-profit organizations, and the military to design, develop and deliver a joint humanitarian relief exercise in logistics.

"This multi-day, scenario-based, disaster logistics exercise immersed participants in the complexities of post-disaster logistics challenges in Lockheed Martin's high-tech Center for Innovation. The combination of design and location provided a powerful learning experience," said Ambassador (Ret.) David C. Litt, the Executive Director for the Center for Stabilization and Economic Reconstruction ( CSER) of the IDB. "Given the nature, frequency, location and severity of disasters, and exemplified by the concurrent response to Hurricane Sandy, inter-organizational collaboration in logistics is becoming increasingly critical to the efficiency and effectiveness of disaster response." 

"Today's crisis response efforts generally struggle with effective logistics collaboration among the multiple public and private stakeholders engaged," said Lou Kratz, Lockheed Martin vice president & managing director, Logistics and Sustainment. "With our 21 st Century logistics capabilities and global resources available from the public sector and private organizations, together we can develop solutions that will help our communities and businesses recover more quickly and effectively after a crisis."

One of the unique features of the DRIL exercise, as compared to similar humanitarian relief exercises organized by the U.S. military or even FEMA, is that DRIL focused heavily on the private and voluntary sectors' logistical problems and challenges in disaster response, and what ways all responders can help to mitigate or resolve them. Though designed months earlier, the scenario was similar to Hurricane Sandy's near simultaneous path of destruction. It involved both domestic and international scenarios in the Southeastern United States and the Caribbean basin. The exercise focused on the planning, logistics, transportation, distribution, and other supply chain challenges to effective disaster response. During the exercise, participants discovered innovative ways to improve logistics integration and intergovernmental, interagency, and international collaboration.

Exercises like the DRIL provide opportunities to explore potential solutions to challenges and share successful practices among the diverse organizations. This exercise also provided unique opportunities for participants to learn from each other and share their collective wisdom while forming new relationships to foster future collaborations.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,760.66 -17.49 -0.10%
S&P 500 2,064.00 +2.77 0.13%
NASDAQ 4,753.0850 +4.6890 0.10%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs