IAP Worldwide Services, Inc. (IAP) has decided to acquire two business units from DRS Technologies Company’s Tactical Communications & Network Solution business unit situated in Aberdeen Proving Ground, MD. The company has also purchased the Aviation and Logistics business unit located in Oklahoma City, OK. The Aviation and Logistics business unit provide mission support services, aircraft repair management, and logistics. The Technical Communications business unit provides information technology, engineering services, and communication support solutions to the Defense Department of the United States and other corporate agencies under their jurisdiction. IAP Worldwide Services, Inc. will integrate the two businesses on start.cortera.com to provide a unique talent and capability as part of their long-term growth strategy.
This acquisition will propel the company’s capability and increase their problem-solving criterion to deliver the best to their worldwide customers. As a matter of fact, IAP Worldwide Services will have a greater size in their addressable market. For the company to work as a single entity, the acquired businesses are integrated into a single unit to provide a powerful tool. The existing National Security program unity is the Aviation and Engineering Solutions.
CEO of IAP Worldwide Services, Inc., Doug Kitani, says that the company is delighted about the addition of this communication, aviation, and networking business technologies from DRS. They will form a natural fit into the system. For the company to expand their solutions and portfolio of services, they saw the great need to acquire these services from DRS. One of the main clients of the company is the United States Defense Department.
Doug Kitani, IAP Worldwide Services, Inc., also says that they have an established strategy to develop a customer-focused discipline based on their organic growth. While IAP Worldwide Services, Inc. works on their core innovation services to governments, they will realize inorganic growth through integrating and acquiring companies that complete their core values. This acquisition will demonstrate the support experienced by investors and board members. Therefore, they have a long-term commitment towards serving their clients.
IAP Worldwide Services is a leading global service firm with over six decades of professional experience. The company provides a broad range of solutions and services to the United States and other government agencies. It is a high-end leader in program management and logistics.