Lockheed Martin is one of a number of major aerospace and defense (A&D) companies that rely on IFS Applications. Analysts have recognized IFS for its sizable customer base of defense agencies, tier I and tier II aerospace contractors. In October, IFS was ranked as the number one vendor of enterprise asset management (EAM) software for the A&D sector. This is the tenth consecutive year that IFS has been named as the global A&D market leader by the major research and advisory firm ARC Advisory Group.
“As a recognized leader in aerospace and defense software, IFS Applications will provide the logistics and supply chain functionality to support this contract,” said Scott Helmer, president, Aerospace and Defense Business Unit at IFS. “This solution will then be extended with IFS planning and scheduling optimization software, which will enable Lockheed Martin to rely on artificial intelligence (AI) algorithms to automate the real-time management of mobile technicians according to shifting demands and priorities.”
IFS Regional President, Americas, Cindy Jaudon added, “A company delivering on major U.S. Department of Defense (DoD) contracts while ensuring they meet or exceed service level agreements (SLAs) needs a robust, proven software platform capable of managing the entire contract lifecycle. That is what we can deliver here, in a commercial-off-the-shelf (COTS) solution.”