According to PR News IAP Worldwide Services, Inc. acquired two new companies from DRS Technologies in November 2015. They acquired their Aviation and Logistics business in Oklahoma City, and the Tactile Network and Communications business located in Aberdeen Proving Ground, MD. The aviation business provides management of aircraft repair, logistic services, and support.
The other business TCNS provides services to the US Department of Defense. The services are engineering,information technology, and support. IAP Worldwide plans to integrate the unique services of both companies in the future. This increases IAP’s ability to deliver quality services to customers worldwide and increase the size of the market. They businesses will be integrated into a new department Aviation and Engineering Solutions.
Doug Kitani, CEO of IAP, said these acquisitions were a natural choice as they expand their portfolio.They service US government and international government agencies and organizations. The company focuses on acquiring businesses that complement their core business. Their acquisitions have strong support from their investors and Board of Directors.
They have over 2,000 employees in over 25 countries. They strive to make the impossible possible on a daily basis through the work they do. They often partner with veteran run companies and organizations that adds value to their services.
In 2015 IAP Worldwide was honored by the United Way in Cape Carnival, Florida as one of the top 25 contributors. At its headquarters IAP conducted a four week campaign that had employees participating in fundraising efforts. They hired a graduate from the University of Florida to help with fundraising for 12 weeks to assist the staff. More than 40 agencies in the area depend on the United Way funding.
In 2015 Veterans Magazine recognized IAP Worldwide as one of the best places for veterans to work. Approximately 30% of the workforce at the company are veterans. They value the contributions of every employee and strive to provide the best services to their clients.
The company provides energy solutions by creating power plants that are both temporary and permanent. They install, design and operate dual fuel, hybrid and renewable energy systems for military bases and government facilities. They provide IT services, aviation,government and expeditionary infrastructure.
Learn more about IAP Worldwide: http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=10062694