BAE Systems
has entered into a definitive agreement to acquire
’s
Pitch Technologies(Pitch) for 61.3m SEK in cash.
Founded in 1991 and headquartered in
According to BAE Systems, some the largest and most complex simulation programs in governments and industries worldwide, including those in NASA, Boeing and Mitsubishi, employ Pitch’s simulations.
‘The addition of Pitch to BAE Systems creates a world-class capability that will set a new standard for enterprise-level simulation interoperability and solutions for training and simulation,’ said Claes Erik Frölund, President of BAE Systems C-ITS business in
’The BAE Systems acquisition of Pitch is an advantageous one for both companies given that the C-ITS primary product line includes military training and simulation, air traffic control simulators and advanced distributed learning platforms,’ added Frölund
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...