Large US defense contractor expands its relationship with IFS

Itasca, Illinois – Officials with IFS, the global enterprise applications company, have announced that a major contractor doing work for the U.S. Department of Defense has chosen to implement IFS Applications across another of the company’s divisions. The total value of the agreement is estimated at US$ 30 million over the next 10 years. This includes a total of US$ 5 million in license revenue, which will be recognized over the next 2 years. 

 

“Defense contractors need solutions that are flexible enough to allow them to quickly adapt to changing military needs,” said Cindy Jaudon, president and CEO of IFS Americas. “We’re excited about this expansion of our existing successful relationship and look forward to continuing to support the important work our customer does for U.S. defense operations.” 

 

IFS is a leading vendor of software to the aerospace & defense sector globally. IFS Applications supports full-spectrum enterprise, project and program-centric manufacturing and vendors serving the A&D sector. IFS Applications also supports heavy, complex, and component maintenance, repair and overhaul (MRO) for civil aviation, military, and service providers, as well as line maintenance or at-platform/asset support. IFS underpins performance-based logistics (PBL) solutions to support traditional contracting for availability (CFA) through to full contracting for capability (CFC) solutions.