To implement a MIL-STD-1553 compatible system, the options that exist are to use a stand-alone integrated circuit or an IP core. Today, with most digital logic being implemented on FPGAs, the choice of an IP core is advantageous. One such IP core is core 1553BRM from Actel. Core 1553BRM provides a complete, MIL-STD-1553 A and B Bus Controller (BC), Remote Terminal (RT) and Monitor Terminal (MT) and is compatible with legacy 1553 solutions. This paper involves study of 1553 architecture and study of various features of core 1553BRM IP core from Actel and implementation on FPGA.