Saab Acquires BlueBear Systems Group Ltd
September 5, 2023
Saab has acquired all shares in UK-based BlueBear Systems Group Ltd to strengthen its AI-enabled autonomous swarm and command-and-control capabilities. BlueBear, based outside Bedford, England, employs about 65 staff and had roughly £8 million turnover last year; Saab will integrate the business as a centre for rapid concept development to enhance its offering across key international markets.
- Buyers
- Saab
- Targets
- BlueBear Systems Group Ltd
- Industry
- Aerospace & Defense
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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