IFS supports Affinity in UK MOD Military Flying Training System

Regulatory News:

IFS (STO:IFSA)(STO:IFSB) Applications 9 and IFS Managed Cloud on Microsoft Azure to support Affinity Flying Training Services managing aircraft maintenance for pilot training as part of wider £1.1 billion UK Ministry of Defence investment into modernization of Fixed Wing military flight training

IFS (http://www4.ifsworld.com/l/5332/2015-08-10/2qts7r), the global enterprise applications company, announces that Affinity Flying Training Services (http://www.affinityfts.co.uk/) has chosen IFS Applications™ 9 (http://www.ifsworld.com/en/solutions/ifs-applications/ifs-applications-9/) and IFS Managed Cloud™ (http://www.ifsworld.com/en/solutions/ifs-applications/cloud-erp/) as one integrated solution for aircraft maintenance and ERP. The agreement with IFS, including licenses, is valued at approximately £1.2 million for the first six years of the 18-year contract.

Affinity Flying Services Limited secured a GBP500 million (USD721 million) contract in February to provide the UK Ministry of Defence (MOD) and its Ascent Flight Training partner with the aircraft for the Fixed-Wing portion of the UK Military Flying Training System (UKMFTS) program.

Affinity, an Elbit Systems and Kellogg Brown & Root joint venture, will replace legacy MOD fleets with 38 modern training aircraft as well as simulators and classroom learning for aircrew across the Royal Air Force, Royal Navy Fleet Air Arm, and Army Air Corps. The contract includes the designing, delivering, and managing of the fixed-wing training service until 2033 and is expected to provide around 200 new jobs across training bases in the UK.

As part of this, IFS Applications 9 and the IFS Managed Cloud solution will provide Affinity with maintenance, repair and overhaul (MRO) and ERP software for the business as an end-to-end solution—supporting aircraft operations and maintenance, supply chain, HR, and finance. Affinity will provide a fixed-wing training aircraft and maintenance to support UK Fixed Wing military flying training to deliver an optimized training service and ensure availability of Grob G 120TP ‘Prefect’, Beechcraft ‘Texan’ T-6C and the Embraer ‘Phenom’ 100 training aircraft.

"Affinity plays a key part in the seamless progression of military personnel through fixed wing flying training and, with the help of IFS, will help support a more modern and efficient training pipeline for UK aircraft pilots,” Ian Chalmers, Managing Director at Affinity Flying Training Services said. "The IFS solution is a perfect fit for us as it provides an agile and responsive system to better ensure the maintenance and availability of our aircraft for the duration of our partnership with Ascent and the MOD, as well as supporting the running of our JV business.”

IFS aerospace and defense industry director Graham Grose said, "We are delighted to have been selected to be part of this important £500 million MOD and Ascent Flight Training investment (https://www.gov.uk/government/news/11-billion-investment-by-mod-in-future-military-flying-training) for fixed-wing training. The solution provides Affinity with a powerful and easily deployed service to streamline the maintenance process of aircraft and to focus on training the future generation of military aircraft pilots. By using the solution, Affinity can maintain the aircraft and prepare future UK aircrew for duty, as well as making sure strict airworthiness and safety standards are met alongside the running of the business from day to day with traditional finance, HR and procurement.”

About Affinity

Affinity supports UK military air capability by playing a key part in the seamless progression of pilots through flight training. Under a landmark partnering programme with Ascent and the Ministry of Defence, Affinity supplies and supports three fleets of aircraft within the UK Military Flight Training System (UKMFTS). We support a training pipeline that is more modern, effective and efficient. As a result, UK military aircrew will be better prepared for duty. Through technical advancement and commercial innovation, we deliver aircraft to match the training needs of the next generation on the frontline. www.affinityfts.co.uk/.

About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

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IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on May 10, 2016, at 9 a.m. CEST.

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