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BAE Systems buys military simulations firm for $200 million (By Nathan Strout)

WASHINGTON — BAE Systems has completed the $200 million acquisition of Bohemia Interactive Simulations, a company that specializes in building high-fidelity training simulations for the military.

“The addition of BISim to the BAE Systems team expands our modeling and simulation capabilities and solidifies our systems integration strategy,” said Tom Arseneault, who heads BAE’s U.S. business, in a March 7 statement. “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.”

Bohemia Interactive Simulations works with 60 different militaries around the world and 300 integrators serving those militaries, said Alexion. BISim, which will become a wholly-owned subsidiary of BAE Systems Inc. — the American subsidiary of London-based BAE Systems — and will join the company’s intelligence and security sector.

https://www.defensenews.com/industry/2022/03/07/bae-systems-buys-military-simulations-firm-for-200-million/