bae systems hagglunds ab

Name

bae systems hagglunds ab

Legal name

BAE Systems Hägglunds AB

Website

https://hagglunds.se

Company type

Public

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Örnsköldsvik

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Military Vehicle Sales: Development, manufacturing, integration and support of a wide range of military vehicles including medium-weight combat vehicles (CV90), armored terrain vehicles, support and service, and electric hybrid drive systems sold to defense forces worldwide.
2. Defense Support and Services: Ongoing support, maintenance and service offerings for military vehicles and defense systems.
3. Hägglunds Drive Systems: Hydraulic drive systems sold globally through Bosch Rexroth sales offices and channels, used in marine and industrial applications.

Go-to-market motion1 record

Distribution channels1 record

Core offering

BAE Systems Hägglunds designs, develops, manufactures, integrates, and supports a range of military vehicle systems, including the CV90 medium-weight combat vehicle family, armored terrain vehicles, and electric hybrid drive systems for military customers worldwide. The company also produces Hägglunds direct drive hydraulic systems (motors, power units, and control systems) through its Mellansel operations in partnership with Bosch Rexroth for global marine and industrial markets.

Product overview

BAE Systems Hägglunds AB is a defense materiel company based in Örnsköldsvik, Sweden, specializing in the development, manufacturing, integration, and support of a comprehensive range of military vehicles for air, land, and naval forces globally. The core product portfolio centers on the CV90 (Combat Vehicle 90) family of medium combat vehicles and armored terrain vehicles, complemented by support services and electric hybrid drive systems. The company operates production and R&D facilities in both Örnsköldsvik and Mellansel, with approximately 450 employees at the Mellansel facility alone. BAE Systems Hägglunds is part of the broader BAE Systems global defense conglomerate with approximately 88,000 employees worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• CV90: Medium-weight combat vehicle - the primary product of BAE Systems Hägglunds.

Products and services

• CV90 Infantry Fighting Vehicle
• Armored Terrain Vehicles
• Electric Hybrid Drive Systems
• Hägglunds Direct Drive Systems
• Defense Support and Services

Quantifiable outcome

• Over 9,000 marine cranes still in operation globally
• +1 more outcomes

Named customers2 records

Segments1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Bosch RexrothcoreChannel Partner/ Reseller/ DistributorBosch Rexroth in Mellansel is a leading supplier of large hydraulic drive solutions and Hägglunds direct drive systems sold worldwide through Bosch Rexroth's many sales offices and channels. The Mellansel facility houses both R&D and production of motors, power units and control systems for Hägglunds drive systems. Approximately 450 employees work at this location. Products are used in marine and industrial environments globally.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Arquus: Arquus (formerly Renault Trucks Defense) is a French armored vehicle manufacturer producing VAB, Sherpa, and forward operating vehicles. Direct peer in tactical wheeled armored vehicles for European militaries.
• Rheinmetall: Rheinmetall is a German defense prime that directly competes against BAE Systems Hägglunds in the European IFV and armored vehicle market with the Lynx KF41/KF51, and is also a Challenger 2 upgrades partner. Closest direct competitor in tracked/wheeled armored vehicles.
• KNDS (Krauss-Maffei Wegmann / Nexter): KNDS is the Franco-German armored vehicle prime formed from KMW and Nexter, producing Leopard 2 tanks, the Boxer CRV, VBCI, and Jaguar. Head-to-head competitor on most European IFV and main battle tank contests Hägglunds also pursues.
• General Dynamics Land Systems: GDLS manufactures the M1 Abrams, Stryker, and Ajax/Ares IFV family. A direct peer in tracked and wheeled armored combat vehicles, competing with Hägglunds for European and export armored vehicle opportunities.
• Patria: Finnish defense prime producing the AMV XP 6x6 armored vehicle and participating in European IFV programs. A direct Nordic and European competitor with overlapping customer base in Northern European militaries.
• Oshkosh Defense: Oshkosh Defense produces the JLTV, FMTV, and armored combat vehicles for the US and allies. A direct peer in tactical and armored wheeled military vehicles with overlapping defense customer base.
• Hanwha Defense: South Korean defense company producing the K2 Black Panther tank, Redback IFV (selected for LAND 400 Phase 3 against CV90), and armored vehicles. Direct competitor on major international IFV tenders, including CV90 head-to-heads in Australia and Eastern Europe.

Broad incumbents

• Thales: Thales is a broad European defense and electronics prime with adjacency to Hägglunds through defense electronics, vetronics, and mission systems integration on armored platforms. Overlaps as a systems integrator on Hägglunds-equipped vehicles rather than as a direct vehicle competitor.
• Leonardo: Leonardo is an Italian defense prime producing the Centauro and other wheeled armored vehicles, plus broader defense electronics and helicopters. A broader incumbent in European defense with overlap in the armored vehicle category.

Others

• Bosch Rexroth (Hägglunds Drives): Bosch Rexroth is both a partner and a peer for the Hägglunds Direct Drive Systems business, distributing and co-developing the hydraulic drive products globally. Comparable in the industrial/marine hydraulic drive segment rather than defense vehicles.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about bae systems hagglunds ab