Space Systems/Loral Signs $1.5-M Contract for IFS Business Software

CHICAGO, Dec. 9, 2005/Satnews Daily/ — Space Systems/Loral (SS/L) has signed a $1.5 million contract to implement IFS Applications business software. SS/L said it will deploy IFS' supply chain management and project management applications at its headquarters and manufacturing plant in Palo Alto, California.

IFS said the software will integrate seamlessly with SS/L's current installation of Oracle Financials. It will replace the company's UNIDATA-based legacy system with a modern, component-based solution. SS/L's goal is to streamline its project-driven manufacturing processes while having the flexibility to adapt to changing market demands and technologies.

Aerospace and defense is one of IFS' targeted market segments. IFS Applications includes advanced standard functionality that meets the demanding requirements of defense manufacturers. IFS said its fully integrated project tracking and product data management (PDM) capabilities, when combined with other IFS Applications components, make it easier to operate while managing 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 British, Norwegian, and South African defense organizations as well as the Eurofighter consortium. IFS also provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Ericsson Space, and GE Aircraft Engines.

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