Large U.S. Defense Contractor Expands Its Relationship with IFS

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News: IFS (STO:IFSA) (STO:IFSB): IFS (http://www.ifsworld.com/), the global enterprise applications company, announces that a major contractor doing work for the U.S. Department of Defense has chosen to implement IFS Applications across another of the company’s divisions. The total value of the agreement is estimated at US$ 30 million over the next ten years. This includes a total of US$ 5 million in license revenue, which will be recognized over the next

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