Case Study: Defense & Security System expands affordability engineering and innovation with PRICE TruePlanning

Defense & Security System - Customer Case Study

The customer, a major defense and security contractor, faced a challenge where its engineering teams relied on slow, limited spreadsheet-based cost estimating methods. This hindered their ability to verify costs, explore design options, and confidently forecast lifecycle costs for new product concepts. To address this, they turned to vendor PRICE Systems and its PRICE TruePlanning solution.

By implementing the integrated TruePlanning framework, the contractor empowered its teams to use parametric estimating. This solution provided new capabilities to perform analysis of alternatives and trade studies faster and with more certainty. The result was a significant improvement in affordability engineering, enabling teams to innovate and explore more viable design concepts with data-driven lifecycle cost estimates to capture future business opportunities.