BAE first announced the deal in November 2021 and the defense contractor said Monday BISim will operate under the company’s intelligence and security sector, led by 2022 Wash100 inductee Al Whitmore.
The acquired business offers its virtual and constructive simulation products to military forces in more than 60 countries. Prior to the transaction, the two companies worked on a couple of military projects such as the development of a wargaming and analysis center for the U.S. Marine Corps in 2019.
Tom Arseneault, president and CEO of BAE’s U.S. subsidiary and a two-time Wash100 Award winner, said the addition of BISim positions the company to meet the evolving demand for global military training platforms and deliver virtual systems to the U.S. military and its partners.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
HawkEye 360, provider of space-based signals intelligence, has acquired Innovative Signal Analysis, a Dallas, Texas-based company manufacturing high-performance signal-processing technologies.…
