PTC wins European software contract

PTC, a product-development software company based in Needham, won a contract with the European Aeronautic and Defence Space Co., the company said today. Terms of the deal were not disclosed.

PTC will provide the European company with software to streamline communications across its business units to manage data and to collaborate externally and internally, the company said. European Aeronautic and Defence Space Co. includes Airbus, Eurocopter, and Astrium.
(By Elizabeth Campbell, Globe correspondent)