Author: Ramona Adams|| Date Published: February 21, 2017
BAE Systems‘ U.S. subsidiary has acquired Dayton, Ohio-based engineering company IAP Research to support programs focused on the development and production of weapon systems.
IAP Research has supported BAE Systems Inc.’s work to build electromagnetic railguns for more than 10 years as a subcontractor, BAE said Tuesday.
Erwin Bieber, president of platforms and services at BAE Systems Inc., said the two companies will leverage their combined workforces and strategic partnership to develop weapon systems such as EMRG and pursue business opportunities.
BAE Systems Inc. cited the transaction as part of its efforts to invest in precision and advanced weapon systems.
IAP Research offers power electronics, magnetic compaction and forming, advanced materials and electromagnetic gun research and development support.
Northrop Grumman has secured a $303.6 million indefinite-delivery/indefinite-quantity contract for the repair and return of radar components used on F-16…
Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks. The…
Shareholders at identity security company CyberArk have approved Palo Alto Networks’ proposed acquisition offer. Cyberthreats are escalating, and government data…
BAE Systems‘ U.S. subsidiary has acquired Dayton, Ohio-based engineering company IAP Research to support programs focused on the development and production of weapon systems.
