To be fair, a lot of maintenance value goes into the software that is never quantified. Broken software breaks hard, not partially, so maintenance is even more crucial.
Software controls everything from nuclear power stations to missles to dams to radiation therapy machines (where, again, software killed 3 people - http://en.wikipedia.org/wiki/Therac-25)
Proper software engineering is increasingly more important and, I'd posit, likely to become even more important than civil engineering for public safety as time goes on.
http://en.wikipedia.org/wiki/Cluster_(spacecraft) cost $370 million when an overflow caused a rocket to explode.
I'd imagine there's some mission critical software running nuclear plants, aircraft, cars, etc.
If you include other costs, like the office space and equipment used by the employee, it starts to sound pretty reasonable.