The Boeing Company (BA) said Wednesday at the MRO Europe conference it has new agreements with seven customers for Boeing AnalytX, bringing the total amount of its analytics contracts signed this year to 223. Shares drifted slightly lower intraday.
It said AnalytX brings together the work of more than 800 analytics experts across Boeing’s commercial, defense, and services businesses. The total value of the deal was not disclosed.
Launched in June, AnalytX is designed to “help customers make data-informed decisions to slash fuel costs, perform predictive maintenance, build smarter flight plans and crew schedules, and minimize unpredictable disruptions,” the company said.
Boeing’s shares traded near the top end of their 52-week price range of $131.39 – $259.30.