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Jan 27, 2010

PTC® Provides Raytheon with Windchill® PLM Solution for Global Product Development Management

PTC Delivers Standardized PLM Solution for Raytheon Design Anywhere, Build Anywhere, Support Anywhere Initiative.

NEEDHAM, Mass - PTC, The Product Development Company®, today announced that Raytheon Company, a global aerospace and defense organization, placed a significant order to standardize on PTC’s Windchill PLM software across the company as the cornerstone of its global Product Development Management strategy. Raytheon selected Windchill to replace its enterprise product data management system. Windchill enables Raytheon to create a common global collaborative environment for product design, development and production in support of its design anywhere, build anywhere, support anywhere business initiative.

The use of a single enterprise-wide PLM backbone will enable the company to more effectively harness the power of its world-wide organization in order to quickly deliver these critical new products to the market.

“Organizations with a large global presence realize the importance of having a single, integral PLM platform for product development,” said James E. Heppelmann, president and chief operating officer, PTC. “We are pleased to be working with Raytheon and look forward to continue helping them realize the value that PTC software can bring to its global product development initiatives.”

Windchill can help standardize common product development processes including change and configuration management, streamline product data and workflows, and provide immediate access to product information across the organization. Additionally, Windchill provides advanced search capabilities to support data reuse that can drive a more streamlined product development process.

“Windchill is a strategic information system,” said Paul Cunningham, executive vice president worldwide sales and distribution, PTC. “PTC’s commitment to product excellence supports a strategy to consistently develop and deliver high quality, innovative products to the market. With our commercial off-the-shelf software, PTC offers companies the opportunity to build a common technology platform for their PLM initiatives.”