PTC receives $10.4M order from Raytheon
by
Jan 20, 2003
Product development company, PTC has announced it 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 (ended September 30, 2002).Raytheon's government, defense and commercial electronics businesses have standardized 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.Source: PCBnewsline
|
