This decision follows a comprehensive analysis of available solutions including current and future capabilities, technology flexibility to meet changing requirements in real world applications and overall business value to Boeing. The long term agreement provides industry-leading Siemens technology in the areas of electrical systems design, electronic products design and mechanical analysis as a foundation for Boeing to consistently deliver comprehensive and innovative solutions to its customers. Focusing on technologies from Siemens' Mentor Graphics acquisition, Boeing will standardize on a common, company-wide platform for semiconductor design and verification, printed wire board design and manufacture, electrical system design and manufacture (including wire harness) and thermal and fluid analysis of mechanical designs.
"Our partnership with the Siemens-Mentor team will combine best-in-class electrical design tools with Boeing's vast experience and knowledge in our 2CES transformation of electrical design," said John Harnagel, Engineering Director, Boeing Defense and Space.
"Siemens is proud to have been chosen as one of Boeing's partners for its second century vision and transformation. Our ability to help customers drive digitalization and realize innovation is our core strength, and we are pleased to see that Boeing values that strength," said Tony Hemmelgarn, president and CEO of Siemens PLM Software. "This partnership is a measure of Boeing's trust in Siemens to help them deliver its vision, and we at Siemens are looking forward to helping them make it happen."
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of software solutions to drive the digital transformation of industry, creating new opportunities for manufacturers to realize innovation. With headquarters in Plano, Texas, and over 140,000 customers worldwide, Siemens PLM Software works with companies of all sizes to transform the way ideas come to life, the way products are realized, and the way products and assets in operation are used and understood. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
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