BAE Systems AB

The portfolio in 2020 contained the companies Systems C-ITS, involved in simulators and training; Bofors, that produces tube gun systems and related munitions; Hägglunds, the manufacturer of tracked military and civilian vehicles.

Its corporate heritage goes back to Bofors, which was founded in 1646 and entered the Defence business in 1883.

In September 2000 United Defense Industries (UDI) purchased Bofors Weapon Systems from Saab (the tube artillery interests), while Saab retained the missile interests.

The company "construct, develop and maintain computer based education-, training-, management- and command systems in Europe".

On 28 November 2007, BAE Systems acquired the Swedish high-tech company Pitch Technologies AB founded in 1991, an innovator of computer-based research simulation and training technologies.