Objective Corporation (ASX:OCL) today announced an extension of its current agreement with the Australian Defence organisation. The agreement includes additional functionality and support of Defence’s existing Objective implementation.

The agreement represents a minimum value of AUD $10m over the next five years. 

Mr Tony Corcoran, Assistant Secretary, Freedom of Information and Information Management, Department of Defence, said: “Objective has been a trusted partner for over 10 years. This agreement allows us to maximise benefits from our investment by leveraging Objective’s public sector expertise and innovative technology.” 

Defence has licensed additional Objective capabilities.

The Defence organisation originally selected Objective in 2000 as its mandated Electronic Document and Records Management solution. Since then, Objective and Defence have successfully worked together to deliver long-term benefits for the Navy, Army, Air Force, research, administration and logistics groups across Australia.  

Mr Tony Walls, CEO, Objective Corporation said: “This contract evidences our successful history with Defence. It also illustrates the value that our customers receive from Objective’s investment and commitment to research and development.” 

Objective is working closely with Defence to upgrade its current software to Objective 7.5, initially for 25,000 users within Australia. The upgrade project is scheduled for completion this year with a roll out to up to 60,000 users expected to occur over the following two year period, although this is still being investigated by Defence.