8 February 2010 р.

U.S. Army selects IFS Applications for Enterprise Manufacturing and Maintenance Execution Systems

IFS, the global enterprise applications company, announced that the U.S. Army has selected IFS Applications as the manufacturing and maintenance software for use in its Logistics Modernization Program (LMP) at all of the Army’s arsenals, depots, and ammunition plants.

The basic purchasing agreement (BPA) between Army Materiel Command (AMC) and IFS North America outlines plans and options to purchase IFS Applications components and services over five years, totaling up to U.S. $9.9 million. 

AMC manages, through its subordinate commands, a maintenance and production enterprise that easily equates to a Fortune 100 industrial organization with a diverse assortment of functions that is seldom, if ever, duplicated in the commercial sector by a single company. This means that agility and suitability for a broad array of manufacturing and maintenance, repair and overhaul (MRO) activities was a key factor in the Army’s selection of IFS Applications. IFS Applications will bring efficiency to ongoing refurbishment of assets such as ground vehicles, missile and radar support systems, engines, transmissions, and fixed wing and rotary wing aircraft used in ongoing military operations.

“IFS is proud to deliver our best-in-class MRO and manufacturing functionality to the U.S. Army, which certainly operates an extensive and very demanding depot repair environment,” IFS North America President and CEO Cindy Jaudon said. “Given the demands placed on our military, there is a recognized need to do more with less, and we know IFS Applications to be the ideal tool to get the most out of repair depots, maintenance inventories and associated fabrication operations. We feel that this enhanced ability to efficiently move assets through the reset and recapitalization process and redeploy them will serve as a force multiplier for the U.S. Army in support of the War Fighter.”

The U.S. Army plans to begin rollout of IFS Applications at the Corpus Christi Army Depot, followed by Rock Island Arsenal and the Joint Technology and Manufacturing Center at Watervliet Arsenal. Additional depots included in the project are Anniston, Red River, Tobyhanna, Letterkenny and Sierra. Thereafter, IFS Applications is slated for implementation at army ammunition plants in 2014.

Aerospace and defense is one of IFS’ targeted market segments. IFS Applications includes advanced standard functionality that meets the demanding requirements of the armed forces. IFS’ fully integrated MRO, performance-based logistics (PBL), project management, fleet management, supply chain management, and other IFS Applications components help to ensure asset visibility, sustainment, and availability—three key objectives in managing weapons systems for optimal combat readiness. IFS also provides an industry-specific solution for defense manufacturers that helps companies manage the design, manufacturing, and ongoing spare parts logistics and maintenance support of complex products throughout the product lifecycle.

IFS customers within the aerospace and defense industry include the United States, British and Norwegian defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Aerosystems, and GE Aircraft Engines.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP, EAM and MRO suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was $383 million.The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 8, 2010, at 08:30 a.m. CET

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer