IAP, located at 2763 Culver Ave., has about 40 employees and had been a BAE subcontractor for more than a decade, according to company officials, who said the acquisition is part of BAE’s focus on investing in strategic growth markets such as precision and advanced weapon systems, as well as in advanced technologies and capabilities.
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“This acquisition enhances both IAP Research and BAE Systems’ capabilities for the Engineering and Manufacturing Development of the Electromagnetic Railgun (EMRG),” Erwin Bieber, president of Platforms & Services at BAE, said in a statement. “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.”
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