The Boeing Company awards SDRC estimated $2.8 million contract extension.MILFORD, Ohio--(BUSINESS WIRE)--Feb. 26, 1996--Structural Dynamics Research Corporation Dynamics Research Corporation (NASDAQ: DRCO) is a United States-based publicly held defense contractor. DRC was founded in 1955 by a small group of engineers from the Charles Stark Draper Laboratory of the Massachusetts Institute of Technology. (SDRC (company) SDRC - The company behind VGX. http://sdrc.com/. ) announced today that The Boeing Company awarded SDRC a contract change to extend the period of performance for product data management (PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and ), process redesign, and related PDM consulting services through 1996. The value of the contract change is estimated at $2.8 million. SDRC has been the primary supplier of PDM software and consulting services for Boeing since August 1994. This order represents the third installment of a major multi-year PDM contract. Boeing is employing Metaphase metaphase /meta·phase/ (met´ah-faz) the second stage of cell division (mitosis or meiosis), in which the chromosomes, each consisting of two chromatids, are arranged in the equatorial plane of the spindle prior to separation. Series 2 software within its Define and Control Airplane Configuration and Manufacturing Resource Management (DCAC/MRM) initiative, which will enable Boeing to simplify and improve its airplane configuration and manufacturing processes. SDRC's role in supporting Boeing with training and support staff is a critical component of Boeing's DCAC/MRM project. SDRC has provided on-site support to the DCAC/MRM program since August 1994 at a level of approximately ten people. This level will increase during 1996 with the establishment of a permanent SDRC Competence Center in Seattle to support Boeing and other major clients in the Northwest. Kevin Eustace, SDRC Vice-President of PDM Operations, said, "We are extremely pleased to continue our on-going strategic relationship with Boeing to help them implement the world's largest PDM enterprise solution. Getting Boeing to a point where they can leverage technology for more efficient business practices is SDRC's top objective." SDRC was one of the early developers and suppliers of enterprise-wide data and configuration management systems and is now one of the premier suppliers of PDM products and services throughout the world. SDRC has been chosen as the primary supplier of PDM technology by some of the world's largest corporations, including Ford, General Electric, Groupe Schneider, Honeywell, Rockwell, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , Xerox, Caterpillar, Mercedes Benz Mercedes Benz expensive automobile and status symbol. [Trademarks: Crowley Trade, 368] See : Luxury , and others. SDRC (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SDRC) is a leading international supplier of mechanical design automation and testing software, product data management software, and implementation services. The Company's products and services help manufacturers optimize product concepts early in the design process, enabling them to significantly improve product quality while reducing product development time and cost. SDRC employs more than 1,100 people and has 58 offices in 14 countries throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and the Asia/Pacific region. http://www.sdrc.com/ Note to Editors: SDRC is a registered trademark of Structural Dynamics Structural dynamics is a subset of structural analysis which covers the behaviour of structures subjected to dynamic loading. Dynamic loads include people, wind, waves, traffic, earthquakes, and blasts. Any structure can be subject to dynamic loading. Research Corporation. All other trademarks or registered trademarks are the property of their respective holders. NOTE: There should be two forward slashes between the words "http:" and "www.sdrc.com" and a slash after the word "com" in the World Wide Web address listed above. These symbols may not print properly on some computer systems. CONTACT: Structural Dynamics Research Corporation, Milford Jim Jackson, 513/576-2932 or The Boeing Company, Seattle Yvonne Higgins, 206/234-9332 |
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