Hello, Guest!
  • Monday, December 23, 2024

BAE’s US Arm Acquires IAP Research to Support Weapon Systems Devt Programs


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.

Video of the Day

Related Articles

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ Contract Awards

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ

Eight companies have won spots on a five-year, $701 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to repair, maintain and modernize non-nuclear surface ships homeported in Mayport, Florida. The contractors will conduct continuous maintenance emergent maintenance of the ship and provide short-term support to the Chief of Naval Operations, the Department of Defense said Wednesday.

NuAxis Innovations Names Heather Newlin as Chief Delivery Officer; Raza Latif Quoted Executive Moves

NuAxis Innovations Names Heather Newlin as Chief Delivery Officer; Raza Latif Quoted

Heather Newlin, a GovCon industry executive, has joined federal information technology company NuAxis Innovations as chief delivery officer. NuAxis Innovations CEO Raza Latif announced Newlin’s appointment in a LinkedIn post published Wednesday. “With Heather’s extensive experience in service delivery and her expertise in leading mid-sized federal businesses, I am confident that she will lead us

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024 Financial Reports

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024

Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major