CIMdata PLM Industry Summary Online Archive
2 October 2007
Implementation Investments
Telelogic Signs 7.5 MUSD Agreement with Global Aerospace Defense Company
Telelogic has signed a five year agreement with a North American Aerospace Defense company worth 7.5 MUSD. The agreement includes licenses, maintenance and services and was signed on October 1.
The customer, already a user of Telelogic Rhapsody® a leading UML, SysML, DoDAF-based Model-Driven Development (MDD) environment for embedded systems, has today renewed, extended and expand the existing agreement for a further five year period with the solution being rolled out nationally at three sites.
"We are delighted with the contract renewal and extension and its continued evidence of both the Rhapsody product and Telelogic's position as the first choice in delivering the required solutions for the aerospace and defense market," said Anders Lidbeck, President and CEO of Telelogic.
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