Product category:
3D CAD software
News Release from: PTC - Parametric Technology (UK)
Edited by the Engineeringtalk Editorial
Team on 20 January 2003
Raytheon standardises on Pro/Engineer
PTC has received a $10.4 million multi-year follow-on order for software upgrades, new modules and services from Raytheon Company.
PTC has received a $10.4 million multi-year follow-on order for software upgrades, new modules and services from Raytheon Company The software was shipped during PTC's fourth fiscal quarter
This article was originally published on Engineeringtalk on 13 Mar 2002 at 8.00am (UK)
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Raytheon's government, defence and commercial electronics businesses have standardised on PTC's flagship software, Pro/Engineer and its family of related technologies, for product design and development.
The new software will be used to support Raytheon's global initiatives in an international network of 34 sites, spanning three continents.
Raytheon's corporate product development initiatives are designed to help deliver world-class systems with lower costs and improved lifecycle supportability.
"Raytheon clearly understands the strategic importance of product development and putting the product first", said Paul Cunningham, Executive Vice President, Worldwide Sales at PTC.
"At PTC, we understand the strategic opportunities product development presents.
We know how to assist companies in driving growth and profitability by enhancing that process".
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