Today XML is a common format supporting interoperabilityand information exchange between systems in the modeling and simulationeld. Although XML enables systems to agree on a common syntaxand understand the exchanged information, systems can misinterpretthem due to their dierent conceptualizations of the domain of interest.In this paper, we present a framework for automatic translation ofXML simulation models which follow the High Level Architecture (HLA) object model template specication, into OWL ontologies. In OWL ontologiesthe semantics of information is formally dened. It provides thebasis for interoperability and information exchange between simulationsystems on semantic level.