Land Systems Hägglunds
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Land Systems Hägglunds AB is a Swedish defence contractor and a subsidiary of BAE Systems Land Systems, itself part of BAE Systems Land and Armaments.
AB Hägglund & Söner was founded in 1899. The company was divided in 1988, one part being Hägglunds Vehicle AB, the military vehicles business. In October 1997 the British company Alvis plc acquired Hägglunds to form Alvis Hagglunds AB. Alvis expanded its military vehicle business in 1998 with the purchase of GKN's armoured vehicle division in 1998 and Vickers Defence in 2002 to form Alvis Vickers. In September 2004 BAE Systems acquired Alvis Vickers and merged it with its RO Defence ordnance division to form BAE Systems Land Systems. Hägglunds was renamed Land Systems Hägglunds.
In June 2005 BAE Systems acquired United Defense and reorganised its land systems businesses into BAE Systems Land and Armaments, with Land Systems and Land Systems Hägglunds as subsidiaries of this U.S. based operating group.
Hägglunds produces the Combat Vehicle 90 and the Bv206 tracked all-terrain vehicle.
[edit] References
- Land Systems Hägglunds: The Company History (Accessed Jan. 10 2006)
- companies.infobasepub.com: BAE Systems Land Systems Hägglunds (Accessed Jan. 10 2006)
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| BAE Systems plc |
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Subsidiaries: BAE Systems Air Systems | BAE Systems Customer Solutions & Support | BAE Systems Insyte | BAE Systems Naval Ships | BAE Systems Regional Aircraft | BAE Systems Submarines | BAE Systems Underwater Systems | MBDA UK BAE Systems Inc.: BAE Systems Customer Solutions | BAE Systems Land and Armaments | BAE Systems Electronics and Integrated Solutions |
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Joint ventures: Air Astana (49%) | Eurofighter GmbH (33%) | MBDA (37.5%) | Saab (20.5%) | SELEX Sensors and Airborne Systems (25%) |
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Annual Revenue: $28.3 billion USD ( |
