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BAE Systems Completes Acquisition of Bohemia Interactive Simulations
March 8, 2022 | BAE SystemsEstimated reading time: 1 minute
BAE Systems announced that it 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 growing 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. Our combined capabilities will enable BAE Systems to meet this increasing demand for both military and civilian applications. The BISim purchase also strengthens our 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.
BISim uses the latest game-based technology and an experienced team of engineers to develop high-fidelity, cost-effective training and simulation software products and components for defense and civilian applications. BISim’s market-leading virtual and constructive simulation products are used extensively by more than 60 countries, as well as within all branches of the U.S. military. This capability not only enhances readiness, but will also allow customers to reduce their CO2 footprint by using simulated training techniques instead of real world training exercises. Headquartered in Orlando, Fla., BISim has an international presence with over 325 employees working in the United States, United Kingdom, Australia, the Czech Republic, and Slovakia, among other countries.
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