IFS Wins PLM Contract From Defense Supplier Saab Bofors Dynamics

CHICAGO, April 24 /PRNewswire/ -- Defence material supplier, Saab Bofors Dynamics AB, will increase the extent of its IFS Applications installation to 1000 users, purchasing new components, and upgrading to IFS Applications 2003. This Saab contract exceeds $1 million.

Saab Bofors Dynamics plans to continue streamlining its engineer-to-order manufacturing process. Several CAD systems will be integrated, and product lifecycles will be managed by coordinating the entire flow from engineering and manufacturing to delivery and after sales. Users will be able to access data and documentation via portals.

Lars Tossman, CFO at Saab Bofors Dynamics, said, "IFS has performed well since we first invested in IFS Applications in 1998. Since then, critical parts of the system have been enhanced. Functionality for our type of business, i.e. complex manufacturing with major demands on project management, was an important criterion for staying with IFS as our business applications vendor."

Upgrading began in January 2003, with the first components due to go live during the spring. Subsequently, the solution will be rolled out step by step at all Saab Bofors Dynamics units in Linkoping, Karlskoga, Gothenburg, Eskilstuna and Jarfalla in Sweden.

About Saab Bofors Dynamics

Saab Bofors Dynamics is a business area in the Saab Group, a leading European high-technology, knowledge-based enterprise. Saab Bofors Dynamics has a wide range of advanced, high-quality and reliable products covering the vital areas of Land Missiles Systems, Air/Sea Missile Systems, Air Defence Missiles, Infantry Weapons and Underwater Systems. Saab Bofors Dynamics is headquartered in Karlskoga, Sweden and has 1700 employees.

About IFS and IFS Applications

IFS develops and supplies component-based business applications for medium and large enterprises and organizations. IFS Applications, which is based on web and portal technology, 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 that can be implemented step by step.

A leading global business applications supplier, IFS has 3,000 employees, with sales in 46 countries, and more than 350,000 users worldwide. The company is listed on the Stockholm Stock Exchange (XSSE: IFS).

www.ifsworld.com

 

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