IFS Applications(TM) to Be Used by British Armed Forces for Fleet Management of Its Vehicles
LINKOPING, Sweden, July 27 -- The UK Ministry of Defence (MoD) has selected Lockheed Martin UK as the prime systems integrator for the Joint Asset Management and Engineering Solutions first increment (JAMES1), previously referred to as the Fleet Management -- Management Information System (FM MIS). IFS Defense will support Lockheed Martin Simulation, Training & Support (LM STS) in providing the core software, IFS Applications, and implementation services. The estimated license value to IFS Defense of JAMES1 is $4.4 million.
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JAMES1, the first step in an incremental program to deliver increased capabilities in the management of defense equipment assets, will provide commanders with a better understanding of equipment condition and its readiness for training. It will support the greater aspiration of the MoD to manage battle-winning equipment as a whole fleet rather than by individual units, where all equipment is presently held regardless of operational status.
The concept of whole fleet management (WFM) will reduce the numbers of vehicles procured to deliver the effect required on the battlefield. Although there will be equipment used for routine training, there will also be equipment stored in a controlled humidity environment (CHE) ready for operations wherever the British armed forces are needed. Since fewer vehicles will be procured, the demand for maintenance will also be reduced.
IFS Defense has developed an industry specific component, Fleet Assignment, for just such a requirement, and the experience and expertise the company brings to the defense domain were a clear discriminator for the MoD selection process.
"This announcement builds upon our existing work on the F-35 Joint Strike Fighter implementation at Lockheed Martin's Simulation, Training & Support facility in Orlando, Florida, and we are certainly looking forward to working with Lockheed Martin UK on this program," said Simon Dowler, CEO of IFS Defense.
The contract was signed in July. About Lockheed Martin
Lockheed Martin is a leader in the design, development, installation, operation, and integration of training and simulation systems for global defense, civil, and commercial markets. Products and services in the Lockheed Martin portfolio span the training continuum of live, virtual, constructive, and test-instrumentation domains for flight, naval, and ground systems applications. Addressing this continuum with military products ranging from high-fidelity virtual simulators to modern war-gaming models, Lockheed Martin offers tailored solutions to address readiness needs.
Lockheed Martin UK, a unit of Lockheed Martin Corporation, is a leader in systems integration working on major programs spanning the aerospace, defense, civil, and commercial sectors. In the UK, Lockheed Martin, working with more than 75 business partners, has annual sales in the range of $700 million to $1 billion. Lockheed Martin employs approximately 1,000 people at more than 10 UK facilities, including London, Havant, Southampton, Yeovil, Swindon, Hertford, Bristol, and Cornwall.
About IFS and IFS Applications
IFS develops and supplies component-based business applications for medium and large enterprises and organizations. IFS Applications, which can be implemented step by step, is based on web and portal technology. The solution offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance and human resource administration. IFS offers customers an easier, more open alternative.
IFS is a leading global business applications supplier with sales in 45 countries and more than 350,000 users worldwide. The company is listed on the Stockholm Stock Exchange (XSSE: IFS).
IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners.
For additional information, contact: John Bridges, VP Marketing, IFS North America Phone: +1 520 512-2000 Fax: +1 520 512-2001 E-mail: john.bridges@ifsna.com Chris Jensen, President, Jensen Market Relations Phone: +1 714 847-7846 Fax: +1 714 847-4856 E-mail: chris@jensenmarket.com IFS' Web: www.ifsworld.comPhoto: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030320/IFSLOGO
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