BAE Systems Bofors
Developer and producer of artillery and naval gun systems created from the historic Swedish arms manufacturer Bofors.
| Date | Investors | Amount | Round |
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| - | investor | €0.0 | round |
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* | N/A | Acquisition | |
| Total Funding | 000k | ||
BAE Systems Bofors is a Swedish defense company and a subsidiary of the British multinational BAE Systems, operating within the Platforms & Services sector. The company has a long history in artillery manufacturing, tracing its roots back to the Bofors company established in 1873 in Karlskoga, Sweden. Bofors has a legacy of developing notable artillery pieces, including the Bofors 40 mm anti-aircraft gun used extensively during World War II. The company was acquired by Celsius Group in 1999, which was subsequently purchased by Saab AB. In 2005, Saab sold its Bofors Defence division to BAE Systems, which then became BAE Systems Bofors.
The firm specializes in the design, development, and manufacturing of advanced weapon systems for land and naval forces. Its primary client base consists of national armed forces and defense ministries globally. The business model revolves around long-term government contracts for the production and through-life support of its systems. Key products include the Archer 155mm self-propelled howitzer, a wheeled artillery system known for its high mobility and automation. For naval applications, it produces the 40mm Mk4 and 57mm Mk3 naval gun systems, which are designed for multi-mission capabilities against air, surface, and shore targets. These gun systems are often paired with the company's proprietary 3P (Pre-fragmented, Programmable, Proximity-fuzed) programmable ammunition, which allows for optimized effects against different types of threats.
In addition to its main artillery and naval gun products, BAE Systems Bofors also develops the LEMUR family of remote weapon systems and intelligent munitions. The company's operations are centered in Karlskoga, Sweden, where it maintains its primary research, development, and production facilities. This site has been central to Swedish defense manufacturing for over a century.
Keywords: defense, artillery systems, naval guns, howitzers, remote weapon systems, military technology, ammunition, 155mm Archer, 40mm Mk4, 57mm Mk3, 3P ammunition, land systems, naval systems, weapon manufacturing, Karlskoga, Swedish defense industry, self-propelled artillery, naval armament, programmable ammunition, military hardware, defense contractor, arms manufacturing