BHIC Bofors Asia Sdn Bhd is a joint venture between BHIC Defence Technologies Sdn Bhd (previously known as PSC Defence Technologies Sdn Bhd) and BAE Systems Bofors Holdings Sdn Bhd (previously Bofors Defence Holdings Sdn Bhd), a holding company of BAE Systems Bofors AB (previously known as Bofors Defence AB), Sweden.
BHIC Defence Technologies Sdn Bhd is a wholly owned subsidiary of Boustead Heavy Industries Corporation Bhd.
BAE Systems Bofors AB is wholly owned by BAE Systems Inc. (previously known as United Defence Inc), U.S.A.
The Company was incorporated on 28th May 2004 and was operational since 1st October 2004 with corporate office in Kuala Lumpur and operations office at Boustead Naval Shipyard Sdn Bhd, Lumut Naval Base, Perak and Kota Kinabalu Industrial Park, Sabah.
BHIC Bofors Asia Sdn Bhd is ISO 9001 certified since 2nd December 2007.