Defense technology major BAE Systems says it has completed its acquisition of Bohemia Interactive Simulations (BISim) with the aim of enhancing its simulation solutions portfolio.
The company noted that the $200 million acquisition was 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 US military and its allies effectively prepare for future scenarios.”
BAE said the global market for military training and simulation environments and related services was expected to continue growing and surpass $11 billion annually, adding that the acquisition would enable it to meet this increasing demand for both military and civilian applications.
The company further said the BISim purchase would strengthen its position to address the US National Defense Strategy priority to support Joint All Domain Operations.
BAE Systems and BISim began working together in 2019 on the US 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 to develop high-fidelity training and simulation software products and components for defense and civilian applications. BISim’s virtual and constructive simulation products are used by more than 60 countries, as well as within all branches of the US military.
