CIMdata PLM Industry Summary Online Archive
9 December 2008
Implementation Investments
IFS Wins Project Centric Defense Manufacturer Contract
IFS announced that IFS Defence has received an order from a project centric defense supplier to provide IFS Applications licenses, services and maintenance & support with an expected total value of $6.8 million over five years.
The customer is one of the world’s leading defense manufacturers. The new ERP system includes IFS Applications components for project control, manufacturing, inventory, purchasing and employee administration. Expected product revenue amounts to $6.2 million over five years, of which some $2.8 million will be reported as revenue to the IFS Group in the fourth quarter of 2008.
Aerospace & Defense is a targeted industry vertical for IFS. IFS’ global capability is led by a dedicated business, IFS Defence Ltd, half of which is owned by the IFS Group. IFS Defence helps its customers and partners meet the future challenges of transformation through a low-risk, low total ownership cost, step-by-step capability evolution. IFS Applications’ strength in enterprise asset management (EAM), maintenance repair and overhaul (MRO) and defense manufacturing is complemented by its fully integrated project tracking and product data management (PDM) capabilities.
IFS customers within the Aerospace and Defense industry include the US, British and Norwegian defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Finnair, Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as Lockheed Martin General Dynamics, BAE Systems, Saab, and GE Transportation. More details can be found at http://www.ifsdefence.com.
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