CIMdata PLM Industry Summary Online Archive
October 1, 2007
Implementation Investments
Telelogic signs 3.5 MEUR Agreement with Global Leading Aerospace Defense Manufacturer
Telelogic has signed a 3.5 year, 3.5 million Euro license, maintenance and consultancy agreement with a European aerospace defense manufacturer. The agreement was signed on September 28.
The agreement extends an existing six year contract signed in 2004 and includes Telelogic DOORS® for requirements definition, analysis and management and Telelogic ChangeT for requirements change management.
"Telelogic worked closely with the customer to build upon and expand the successful agreements established in 2002 and extended in 2004," said Anders Lidbeck, President and CEO of Telelogic. "This contract extension allows us to build upon the existing relationship and further reinforces the success the customer is realizing from working with Telelogic. Today's announcement takes our agreement beyond the ten year mark and not only strengthens our long-term relationship with this customer, but also confirms our leading position within the aerospace and defense industry."
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