In February 2017, it was announced tatlong-time SBIR Involved IAP Research had been acquired by BAE Systems (LSE: BA) following partnerings and sub-contracts - SBIR and other - with the smaller firm going back about over a decade. IAP Research is 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 SystemsÂ’ capabilities for the Engineering and Manufacturing Development of the Electromagnetic Railgun (EMRG) - advanced weapon systems. The acquisition of IAP Research aligns with BAE SystemsÂ’ focus on investing in strategic growth markets such as precision and advanced weapon systems, as well as in advanced technologies and capabilities. IAP specialize in: power electronics , power distribution systems, power supplies, magnetic pressing of metal and ceramic powders, electromagnetic metal forming, innovative electrical & mechnical engineering solutions: development and production of electromagnetic launchers, power electronics, and advanced materials