“Historic” contract signed by Dassault systèmes with Boeing

The French editor of software industry Dassault systèmes announced Tuesday it has reached an agreement with Boeing to modernise the whole chain of production of the american company, to the effect that it was the contract “the most important of its history.”

“Boeing will expand the deployment of products developed by Dassault systèmes,” said French in a statement, confirming information published by Le Figaro, which estimated the contract amount to $ 1 billion (approximately 860 million euros). Contacted by AFP, Dassault systèmes did not wish to specify an amount.

Long-term contract

The agreement relates to the software “3DEXPERIENCE”, which will be used by Boeing for the development of its commercial aircraft as of its military aircraft and spacecraft. The French group does not clarify the duration over which extends the agreement, referring to just “a long-term contract”. According to le Figaro, it calls for Boeing for 30 years, in increments of ten years and is renewable.

This agreement will have “positive impacts” in the accounts of Dassault systèmes from 2018, said chief financial officer Thibault Ofcer, during a conference call, adding that the group had dropped out after a year and a half of competition.

Unify the use of the digital at Boeing

Dassault Systems, who has at the same time published the quarterly results marked by a downward revision of some objectives, explains that the software “will allow Boeing to strengthen the collaboration in the digital end-to-end in the areas of design, engineering, analysis, production planning and execution in the workshop at all levels of the business.”

The software aims to improve the productivity of the company by unifying the use of digital technology at all levels, so as to standardize the work and, for example, identify potential problems before production is launched in an effective way.

(With AFP)

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