BAE Systems Completes Acquisition of BISim
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BISim joins the BAE Systems Intelligence & Security sector as a subsidiary
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BAE seeks to meet increasing global market demand for military training and simulation environments, which is expected to surpass $11B annually
BAE Systems has completed the acquisition of Bohemia Interactive Simulations (BISim) for $200 million, subject to customary closing adjustments. BISim joins BAE Systems as a wholly-owned subsidiary, bringing global software development and advanced military simulation and training solutions to the company’s digital transformation portfolio.
“The addition of BISim to the BAE Systems team expands our modelling and simulation capabilities and solidifies our systems integration strategy,” said Tom Arseneault, president and CEO of BAE Systems, Inc. “With this acquisition, we are even better positioned to meet our customers’ evolving needs in the rapidly growing market for global military training and deliver next-generation virtual systems to help our U.S. military and its allies effectively prepare for future scenarios.”
The global market for military training and simulation environments and related services is expected to continue growing and surpass $11 billion annually. The combined capabilities will enable BAE Systems to meet this increasing demand for both military and civilian applications. The BISim purchase also strengthens its position to address the U.S. National Defense Strategy priority to support Joint All Domain Operations.
BAE Systems and BISim began working together in 2019 on the U.S. Marine Corps War Gaming and Analysis Center contract, and later as part of the BAE Systems Joint All Domain Operations System of Systems research and development project. To best leverage the ongoing collaboration, BISim will join the BAE Systems Intelligence & Security sector.
