September 26, 2017 2:32 PM ET

Aerospace and Defense

Company Overview of BAE Systems Hägglunds AB

Company Overview

BAE Systems Hägglunds AB designs, manufactures, and markets military vehicle systems and civil applications. The company’s products include combat vehicles, armoured engineering vehicles, and armoured personnel carriers. It also offers infantry fighting vehicles (IFV), armored all-terrain vehicles (ATV) and turret systems. BAE Systems Hägglunds AB was formerly known as Hägglund & Söner AB. The company was founded in 1899 and is based in Örnsköldsvik, Sweden. BAE Systems Hägglunds AB operates as a subsidiary of BAE Systems AB.

Björnavägen 41

Örnsköldsvik,  891 82

Sweden

Founded in 1899

Phone:

46 66 08 00 00

Fax:

46 66 08 09 95

Key Executives for BAE Systems Hägglunds AB

President and Managing Director
Compensation as of Fiscal Year 2017.

BAE Systems Hägglunds AB Key Developments

Sweden Orders Vehicle-Mounted Mortars from BAE Systems Hägglunds

BAE Systems Hägglunds is to install 40 vehicle-mounted 120mm mortar systems on CV90 infantry fighting vehicles of the Swedish army. The contract was issued by the Swedish Defense Materiel Administration, or FMV, and is worth $68 million. Initial deliveries scheduled to take place in the first quarter of 2019.

BAE Systems Hagglunds Signs an Agreement with the Danish Government to Provide Systems Integration, Capability Upgrades and Support for Long-Term Sustainment of Its Fleet of 44 CV90 Infantry Fighting Vehicles

BAE Systems Hagglunds has signed an agreement with the Danish government to provide systems integration, capability upgrades and support for long-term sustainment of its fleet of 44 CV90 Infantry Fighting Vehicles, as well as for BV206 all-terrain vehicles. The agreement with the Defence Acquisition and Logistics Organisation (DALO) also includes prototyping, government-furnished equipment integration, systems safety, and maintenance, repairs, and overhaul. The contract includes comprehensive industrial cooperation between BAE Systems and industrial partners in Denmark. BAE Systems' industrial solution provides a foundation for job creation, potential technology transfer and investment, paving the way for economic development and national growth. Since 2009 the company's industrial activity has contributed close to EUR 300 million to the Danish economy as part of the commitment to use Danish companies to support the CV90 fleet.

Similar Private Companies By Industry

Company Name Region
C.N.S. Systems AB Europe
Dynasafe International AB Europe
European Air Spares AB Europe
FOI Europe
Got2echnics AB Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact BAE Systems Hägglunds AB, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.