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Business/Financial

BAE Acquires Engineering Firm IAP Research

By Cal Biesecker

Tuesday, February 21st, 2017

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BAE Acquires Engineering Firm IAP Research

A prototype railgun. Photo by Office of Naval Research.

The United States-based arm of Britain’s BAE Systems on Tuesday said it has acquired Ohio-based IAP Research, locking in expertise in on the company’s effort for research and development for the Navy for the Electromagnetic Railgun.Terms of the deal were not disclosed. IAP has about 40 employees.“This acquisition enhances both IAP Research and BAE Systems’ capabilities for the Engineering and Manufacturing Development of the Electromagnetic Railgun,” Erwin Bieber, president of the Platform & Services segment of BAE Systems, Inc., said…

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