RFID
RFID Talk Blog

U.S. government scales back RFID budgets

The U.S. government and the Department of Defense sliced spending on RFID substantially in 2011. When Identive Group released its fourth quarter report on March 1 for the period ended Dec. 31, the company stated that although full year revenue increased 21 percent to $102.7 million, the company saw a $3.6 million decline in sales to the U.S. government. Company growth was offset by a decline in sales of enterprise security and identity management systems to the U.S. Government due to ongoing budget uncertainty and project delays.

“Our diverse revenue base enabled us to achieve strong growth despite an estimated $3.6 million decline in sales to the U.S. government sector, which continued to experience budget uncertainties and resulting project delays,” Ayman S. Ashour, chairman and CEO of Identive, said in a press release.

Stay tuned for this week’s issue of RFID 24-7 for the real story behind the U.S. government’s decrease in RFID spending. Not a subscriber? Click here!

EmailFacebookTwitterShare

windows 7 key generator

windows 7 key generator

windows 7 activation crack

windows7 activation crack

free winrar

free winrar

free winzip

free winzip

winzip activation code

winzip activation code

winzip freeware

winzip freeware

windows 7 product key

windows 7 product key

windows 7 ultimate product key

windows 7 ultimate product key

winrar free

winrar free

winzip free download

winzip free download

winzip free download full version

winzip free download full version

windows xp product key

windows xp product key

free winrar download

free winrar download

windows 7 crack

windows 7 crack

winzip registration code

winzip registration code

winrar free download

winrar free download

download winrar free

download winrar free

winrar download free

winrar download free