-Multi-year contract leverages Siemens' Xcelerator portfolio to achieve mission-driven digital transformation

PLANO, Texas, Jan. 25, 2022 — (PRNewswire) — Lockheed Martin's Aeronautics business has selected Siemens' Xcelerator portfolio of software and services to support its digital engineering transformation. Through a multi-year contract, the company plans to leverage Xcelerator to achieve its goals for mission-driven digital transformation—accelerating program lifecycles, driving cost savings and fostering greater innovation.

"Lockheed Martin Aeronautics is a leader in the aerospace industry, and their decision to expand adoption of Siemens' Xcelerator portfolio enables driving digital initiatives and winning programs," said Tony Hemmelgarn, President and Chief Executive Officer, Siemens Digital Industries Software. "Building off of our experience on the F-35 program, and through close collaboration, Siemens is excited to help Lockheed Martin accelerate production and meet DoD contract requirements for both current programs and new initiatives."

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products and services, visit siemens.com/software or follow us on LinkedIn, Twitter, Facebook and Instagram. Siemens Digital Industries Software – Where today meets tomorrow.

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. 

In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at  www.siemens.com.

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SOURCE Siemens Digital Industries Software

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