BAE Systems Completes Acquisition of IAP Research
February 21, 2017 | BAE SystemsEstimated reading time: Less than a minute
BAE Systems, Inc. has completed the acquisition of IAP Research, an engineering company focused on the development and production of electromagnetic launchers, power electronics, and advanced materials.
“This acquisition enhances both IAP Research and BAE Systems’ capabilities for the Engineering and Manufacturing Development of the Electromagnetic Railgun (EMRG),” said Erwin Bieber, president of Platforms & Services at BAE Systems, Inc. “We look forward to leveraging our combined workforces and long-standing strategic partnership to successfully develop and produce advanced weapon systems, such as the EMRG, and pursue other business opportunities that incorporate our innovative technologies and capabilities.”
Based in Dayton, Ohio, IAP Research employs approximately 40 people and has been a key subcontractor to BAE Systems for more than 10 years on the EMRG development. The acquisition of IAP Research aligns with BAE Systems’ focus on investing in strategic growth markets such as precision and advanced weapon systems, as well as in advanced technologies and capabilities.
Suggested Items
BAE Systems and Eaton Expand Collaboration to Deliver Electric Drive Solutions for Heavy-Duty Trucks
05/08/2024 | PRNewswireBAE Systems, a leader in electric propulsion, and Eaton, a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks.
OSI Systems Receives $6 Million Order for Electronic Assemblies
05/08/2024 | BUSINESS WIREOSI Systems, Inc. announced that its Optoelectronics and Manufacturing division has received an order for approximately $6 million to provide electronic assemblies to an advanced engineered solutions OEM.
Industrial PC Market Size to Record $1.75 Billion Growth from 2023-2027
05/03/2024 | PRNewswireThe global industrial pc market size is estimated to grow by USD 1.75 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of almost 6.29% during the forecast period.
Real Time with… IPC APEX EXPO 2024: Sigma Engineering's Recycling and Regeneration Systems for PCB Etching
05/02/2024 | Real Time with...IPC APEX EXPOEvan Howard of Schmoll America interviews Kristoffer Bjorklund, Sigma Engineering's supply chain manager. We learn about Sigma's recycling and regeneration systems for PCB industry etching and the benefits and challenges of implementing these systems in existing factories.
QinetiQ Achieves UK’s First Jet-to-Jet Teaming Between Aircraft and Autonomous Drone
04/29/2024 | QinetiQQinetiQ has successfully trialled the UK’s first Crewed-Uncrewed-Teaming demonstration between a crewed aircraft and an autonomous jet drone.
Copyright © 2024 I-Connect007 | IPC Publishing Group Inc. All rights reserved.
Log in