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Boeing Signs New Dassault PLM Deal

Boeing (NYSE:BA) has extended its use of Dassault PLM.

Boeing Signs New Dassault PLM Deal

Boeing (NYSE:BA) announced that it has signed a five year contract to extend the use of Dassault Systèmes’ industry-leading applications at both Boeing Commercial Airplanes and Boeing Defense, Space & Security.

Nancy Bailey, Boeing vice president of IT Product Systems, said that, “Boeing and Dassault Systèmes have enjoyed a long working relationship, and we are pleased to extend our contract. We look forward to continuing to collaborate with Dassault Systèmes to create and leverage new innovations that will enhance our product design and manufacturing capabilities. Dassault Systèmes continues to evolve and mature their solution portfolio to more completely address our needs across the entire product value stream. The Dassault Systèmes PLM solution suite will continue helping us create additional business value for our company”.

Boeing Co. (NYSE:BA) stocks were at 72.89 at the end of the last day’s trading. There’s been a 4.2% change in the stock price over the past 3 months.

Boeing Signs New Dassault PLM Deal
Boeing Co. (NYSE:BA) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 6 out of 10 in the industry

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